Brian S. Young - 24 Feb 2022 Form 4 Insider Report for NOVANTA INC (NOVT)

Signature
/s/ John Burke, Attorney-in-Fact
Issuer symbol
NOVT
Transactions as of
24 Feb 2022
Net transactions value
+$163,847
Form type
4
Filing time
28 Feb 2022, 16:47:18 UTC
Previous filing
23 Feb 2022
Next filing
29 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $294,680 +2,169 +7.6% $135.86 30,637 24 Feb 2022 Direct
transaction NOVT Common Stock Tax liability $130,833 -963 -3.1% $135.86 29,674 24 Feb 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 -2,169 -33% $0.000000 4,343 24 Feb 2022 Common Stock 2,169 Direct F1, F2
transaction NOVT Stock Option (Right to Buy) Award $0 +4,140 $0.000000 4,140 24 Feb 2022 Common Stock 4,140 $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 vested in three equal annual installments on February 24, 2023, February 24, 2024 and February 24, 2025.

Remarks:

Power of Attorney on file