Matthijs Glastra - Feb 21, 2023 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 21, 2023
Transactions value $
$465,648
Form type
4
Date filed
2/23/2023, 04:45 PM
Previous filing
Feb 3, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $416K +2.62K +3.27% $158.87 82.9K Feb 21, 2023 Direct
transaction NOVT Common Stock Options Exercise $421K +2.65K +3.2% $158.87 85.5K Feb 21, 2023 Direct
transaction NOVT Common Stock Tax liability -$185K -1.16K -1.36% $158.87 84.4K Feb 21, 2023 Direct
transaction NOVT Common Stock Tax liability -$187K -1.18K -1.39% $158.87 83.2K Feb 21, 2023 Direct
holding NOVT Common Stock 50K Feb 21, 2023 By Irrevocable Trust F1

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 -2.62K -100% $0.00* 0 Feb 21, 2023 Common Stock 2.62K Direct F2, F3
transaction NOVT Restricted Stock Units Options Exercise $0 -2.65K -49.99% $0.00 2.65K Feb 21, 2023 Common Stock 2.65K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by an irrevocable trust for which the reporting person's spouse is the trustee.
F2 Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit.
F3 The Restricted Stock Units vest in four equal annual installments on February 21, 2020, February 21, 2021, February 21, 2022 and February 21, 2023.
F4 The Restricted Stock Units vest in four equal annual installments on February 20, 2021, February 20, 2022, February 20, 2023 and February 20, 2024.

Remarks:

Power of Attorney on file