Brian S. Young - 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 $
-$245,580
Form type
4
Date filed
2/28/2023, 06:58 PM
Previous filing
Feb 23, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $0 +1.45K +4.27% $0.00 35.4K Feb 24, 2023 Direct
transaction NOVT Common Stock Options Exercise $0 +724 +2.05% $0.00 36.1K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$94.5K -603 -1.67% $156.72 35.5K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$101K -642 -1.81% $156.72 34.9K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$50.5K -322 -0.92% $156.72 34.5K Feb 24, 2023 Direct
transaction NOVT Common Stock Award $0 +1.36K +3.93% $0.00 35.9K Feb 24, 2023 Direct 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 -1.45K -49.98% $0.00 1.45K Feb 24, 2023 Common Stock 1.45K Direct F2, F3
transaction NOVT Restricted Stock Units Options Exercise $0 -724 -50% $0.00 724 Feb 24, 2023 Common Stock 724 Direct F2, F3
transaction NOVT Stock Option (Right to Buy) Award $0 +4.2K $0.00 4.2K Feb 24, 2023 Common Stock 4.2K $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 vested in three equal annual installments on February 24, 2024, February 24, 2025 and February 24, 2026.

Remarks:

Power of Attorney on file