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

Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Feb 24, 2022
Transactions value $
$163,847
Form type
4
Date filed
2/28/2022, 04:47 PM
Previous filing
Feb 23, 2022
Next filing
Dec 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $295K +2.17K +7.62% $135.86 30.6K Feb 24, 2022 Direct
transaction NOVT Common Stock Tax liability -$131K -963 -3.14% $135.86 29.7K 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 -2.17K -33.31% $0.00 4.34K Feb 24, 2022 Common Stock 2.17K Direct F1, F2
transaction NOVT Stock Option (Right to Buy) Award $0 +4.14K $0.00 4.14K Feb 24, 2022 Common Stock 4.14K $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