Joseph P. Kelley - Dec 1, 2023 Form 4 Insider Report for NORDSON CORP (NDSN)

Signature
Jennifer L. McDonough on behalf of Joseph P. Kelley
Stock symbol
NDSN
Transactions as of
Dec 1, 2023
Transactions value $
$1,812,970
Form type
4
Date filed
12/5/2023, 03:10 PM
Previous filing
Nov 24, 2023
Next filing
Dec 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability -$53.3K -223 -1.98% $238.80 11.1K Dec 1, 2023 Direct F1
transaction NDSN NDSN Award $363K +1.52K +13.76% $238.80 12.6K Dec 1, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NDSN NDSN Award $1.5M +6.29K +13.36% $238.80 53.4K Dec 1, 2023 NDSN 6.29K $238.80 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2022 the Company awarded 1,505 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 223 of the restricted share units were withheld to cover withholding taxes due upon vesting.
F2 On December 1, 2023 the Company awarded 1,522 restricted share units under the Company's stock plan. One-third of the restricted share units vest on each December 1, 2024, 2025 and 2026.
F3 On December 1, 2023, the Company awarded 6,293 stock options under the Company's stock plan. The options vest in 4 equal annual installments beginning on December 1, 2024. The vested portions of such options will become exercisable upon vesting.
F4 Represents the comprehensive total of derivative securities beneficially owned by reporting person following this transaction