Rosenstone Steven J 4
4 · NORTECH SYSTEMS INC · Filed May 19, 2023
Insider Transaction Report
Form 4
Rosenstone Steven J
Director
Transactions
- Exercise/Conversion
Common Stock
2023-05-17$3.29/sh+1,000$3,290→ 8,000 total - Tax Payment
Common Stock
2023-05-17$9.25/sh−356$3,293→ 7,644 total - Exercise/Conversion
Common Stock Options
2023-05-17$9.25/sh−1,000$9,250→ 2,000 totalExercise: $3.29Exp: 2028-05-09→ Common Stock (1,000 underlying)
Footnotes (2)
- [F1]Includes 3,000 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on each of 3/16/2024 and 3/16/2025, and 1,500 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on 3/17/2024.
- [F2]The option, representing a right to purchase a total of 3,000 shares, became exercisable in five equal annual installments of 600 shares each beginning on May 9, 2019, which was the first anniversary of the date on which the option was granted.