PETER L. CHANG - 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
+$36,410
Form type
4
Filing time
28 Feb 2022, 16:49:37 UTC
Previous filing
23 Feb 2022
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $65,485 +482 +3.4% $135.86 14,759 24 Feb 2022 Direct
transaction NOVT Common Stock Tax liability $29,074 -214 -1.4% $135.86 14,545 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 -482 -33% $0.000000 965 24 Feb 2022 Common Stock 482 Direct F1, F2
transaction NOVT Restricted Stock Units Award $0 +1,730 $0.000000 1,730 24 Feb 2022 Common Stock 1,730 Direct F1, 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 Restricted Stock Units vest in three equal annual installments on February 24, 2023, February 24, 2024 and February 24, 2025.

Remarks:

Power of Attorney on file