Matthijs Glastra - Feb 24, 2022 Form 4 Insider Report for NOVANTA INC (NOVT)

Role
Chief Executive Officer, Director
Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Feb 24, 2022
Transactions value $
$874,938
Form type
4
Date filed
2/28/2022, 04:42 PM
Previous filing
Feb 28, 2022
Next filing
Nov 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $1.57M +11.6K +10.05% $135.86 127K Feb 24, 2022 Direct
transaction NOVT Common Stock Tax liability -$698K -5.13K -4.05% $135.86 122K Feb 24, 2022 Direct

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 NOVT Restricted Stock Units Options Exercise $0 -11.6K -33.33% $0.00 23.2K Feb 24, 2022 Common Stock 11.6K Direct F1, F2
transaction NOVT Stock Option (Right to Buy) Award $0 +26.2K $0.00 26.2K Feb 24, 2022 Common Stock 26.2K $135.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit.
F2 The Restricted Stock Units vest in three equal annual installments on February 24, 2022, February 24, 2023, and February 24, 2024.
F3 The Stock Options vest in three equal annual installments on February 24, 2023, February 24, 2024 and February 24, 2025.

Remarks:

Power of Attorney on file