Robert Buckley - 24 Feb 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Signature
/s/ John Burke, Attorney-in-Fact
Issuer symbol
NOVT
Transactions as of
24 Feb 2023
Net transactions value
-$620,611
Form type
4
Filing time
28 Feb 2023, 18:55:52 UTC
Previous filing
23 Feb 2023
Next filing
11 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $0 +1,688 +1.3% $0.000000 136,279 24 Feb 2023 Direct
transaction NOVT Common Stock Options Exercise $0 +3,617 +2.7% $0.000000 139,896 24 Feb 2023 Direct
transaction NOVT Common Stock Tax liability $117,383 -749 -0.54% $156.72 139,147 24 Feb 2023 Direct
transaction NOVT Common Stock Tax liability $251,536 -1,605 -1.2% $156.72 137,542 24 Feb 2023 Direct
transaction NOVT Common Stock Award $0 +3,620 +2.6% $0.000000 141,162 24 Feb 2023 Direct F1
transaction NOVT Common Stock Tax liability $251,692 -1,606 -1.1% $156.72 139,556 24 Feb 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 -1,688 -50% $0.000000 1,689 24 Feb 2023 Common Stock 1,688 Direct F2, F3
transaction NOVT Restricted Stock Units Options Exercise $0 -3,617 -50% $0.000000 3,618 24 Feb 2023 Common Stock 3,617 Direct F2, F3
transaction NOVT Stock Option (Right to Buy) Award $0 +10,933 $0.000000 10,933 24 Feb 2023 Common Stock 10,933 $156.72 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock issued upon vesting of performance stock units in accordance with the terms of a Performance Stock Unit award originally granted on February 20, 2020.
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 three equal annual installments on February 24, 2022, February 24, 2023, and February 24, 2024.
F4 The Stock Options vest in three equal annual installments on February 24, 2024, February 24, 2025 and February 24, 2026.

Remarks:

Power of Attorney on file