Robert Buckley - 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 $
-$620,611
Form type
4
Date filed
2/28/2023, 06:55 PM
Previous filing
Feb 23, 2023
Next filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $0 +1.69K +1.25% $0.00 136K Feb 24, 2023 Direct
transaction NOVT Common Stock Options Exercise $0 +3.62K +2.65% $0.00 140K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$117K -749 -0.54% $156.72 139K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$252K -1.61K -1.15% $156.72 138K Feb 24, 2023 Direct
transaction NOVT Common Stock Award $0 +3.62K +2.63% $0.00 141K Feb 24, 2023 Direct F1
transaction NOVT Common Stock Tax liability -$252K -1.61K -1.14% $156.72 140K 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 -1.69K -49.99% $0.00 1.69K Feb 24, 2023 Common Stock 1.69K Direct F2, F3
transaction NOVT Restricted Stock Units Options Exercise $0 -3.62K -49.99% $0.00 3.62K Feb 24, 2023 Common Stock 3.62K Direct F2, F3
transaction NOVT Stock Option (Right to Buy) Award $0 +10.9K $0.00 10.9K Feb 24, 2023 Common Stock 10.9K $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