Matthijs Glastra - 21 Feb 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Role
Chief Executive Officer, Director
Signature
/s/ John Burke, Attorney-in-Fact
Issuer symbol
NOVT
Transactions as of
21 Feb 2023
Net transactions value
+$465,648
Form type
4
Filing time
23 Feb 2023, 16:45:00 UTC
Previous filing
03 Feb 2023
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $416,398 +2,621 +3.3% $158.87 82,875 21 Feb 2023 Direct
transaction NOVT Common Stock Options Exercise $420,688 +2,648 +3.2% $158.87 85,523 21 Feb 2023 Direct
transaction NOVT Common Stock Tax liability $184,766 -1,163 -1.4% $158.87 84,360 21 Feb 2023 Direct
transaction NOVT Common Stock Tax liability $186,672 -1,175 -1.4% $158.87 83,185 21 Feb 2023 Direct
holding NOVT Common Stock 50,036 21 Feb 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 -2,621 -100% $0.000000* 0 21 Feb 2023 Common Stock 2,621 Direct F2, F3
transaction NOVT Restricted Stock Units Options Exercise $0 -2,648 -50% $0.000000 2,649 21 Feb 2023 Common Stock 2,648 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