Bandel L. Carano - Jan 3, 2023 Form 4 Insider Report for NLIGHT, INC. (LASR)

Role: Director
Signature: /s/ Julie Dimmick, as attorney-in-fact
Stock symbol: LASR
Transactions as of: Jan 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/5/2023, 03:25 PM
Previous filing: Dec 29, 2022
Next filing: Apr 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LASR	Common Stock	Award	$0	+2.96K	+19.37%	$0.00	18.2K	Jan 3, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person has elected to receive restricted stock units in lieu of cash retainer fees payable for service on the Issuer's board of directors and any committees thereof. Each restricted stock unit represents a contingent right to receive, following vesting, one share of the Issuer's common stock. The number of restricted stock units issued represents the quotient of (A) the amount of such fees divided by (B) the Issuer's closing stock price on the grant date, rounded down to the nearest whole share. All restricted stock units will vest on December 31, 2023 subject to the non-employee director continuing to be a service provider through the applicable vesting date.

Content

The reporting person has elected to receive restricted stock units in lieu of cash retainer fees payable for service on the Issuer's board of directors and any committees thereof. Each restricted stock unit represents a contingent right to receive, following vesting, one share of the Issuer's common stock. The number of restricted stock units issued represents the quotient of (A) the amount of such fees divided by (B) the Issuer's closing stock price on the grant date, rounded down to the nearest whole share. All restricted stock units will vest on December 31, 2023 subject to the non-employee director continuing to be a service provider through the applicable vesting date.