Graff David J. 4
4 · NORTECH SYSTEMS INC · Filed May 16, 2022
Insider Transaction Report
Form 4
Graff David J.
Director
Transactions
- Award
Stock Options
2022-05-11+3,000→ 3,000 totalExercise: $13.19Exp: 2032-05-11→ Common Stock (3,000 underlying) - Award
Common Stock
2022-05-11+3,000→ 3,000 total
Footnotes (3)
- [F1]Grant of Restricted Stock Units ("RSU"). Restrictions lapse on May 11, 2023 with respect to 1,500 units, and May 11, 2024 with respect to 1,500 units.
- [F2]Such shares are in the form of RSUs. Each RSU represents the right to receive one share of common stock upon vesting.
- [F3]600 shares vest on each of 5/11/2023, 5/11/2024, 5/11/2025, 5/11/2026 and 5/11/2027.