Peter L. Chang - Feb 24, 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Feb 24, 2023
Transactions value $
-$73,345
Form type
4
Date filed
2/28/2023, 06:53 PM
Previous filing
Feb 23, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $0 +482 +3.24% $0.00 15.4K Feb 24, 2023 Direct
transaction NOVT Common Stock Options Exercise $0 +576 +3.75% $0.00 16K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$39.8K -254 -1.59% $156.72 15.7K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$33.5K -214 -1.36% $156.72 15.5K Feb 24, 2023 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 -49.95% $0.00 483 Feb 24, 2023 Common Stock 482 Direct F1, F2
transaction NOVT Restricted Stock Units Options Exercise $0 -576 -33.29% $0.00 1.15K Feb 24, 2023 Common Stock 576 Direct F1, F3
transaction NOVT Restricted Stock Units Award $0 +1.4K $0.00 1.4K Feb 24, 2023 Common Stock 1.4K Direct F1, F4
* 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.
F4 The Restricted Stock Units vest in three equal annual installments on February 24, 2024, February 24, 2025 and February 24, 2026.

Remarks:

Power of Attorney on file