Matthijs Glastra - Feb 24, 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Role
Chief Executive Officer, Director
Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Feb 24, 2023
Transactions value $
-$1,517,833
Form type
4
Date filed
2/28/2023, 07:00 PM
Previous filing
Feb 23, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $0 +4.34K +5.22% $0.00 87.5K Feb 24, 2023 Direct
transaction NOVT Common Stock Options Exercise $0 +7.23K +8.26% $0.00 94.8K Feb 24, 2023 Direct
transaction NOVT Common Stock Award $0 +10.3K +10.83% $0.00 105K Feb 24, 2023 Direct F1
transaction NOVT Common Stock Tax liability -$713K -4.55K -4.33% $156.72 100K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$302K -1.93K -1.92% $156.72 98.5K Feb 24, 2023 Direct
transaction NOVT Common Stock Tax liability -$503K -3.21K -3.26% $156.72 95.3K Feb 24, 2023 Direct
holding NOVT Common Stock 50K Feb 24, 2023 By Irrevocable Trust F2

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 -4.34K -50% $0.00 4.34K Feb 24, 2023 Common Stock 4.34K Direct F3, F4
transaction NOVT Restricted Stock Units Options Exercise $0 -7.23K -50% $0.00 7.24K Feb 24, 2023 Common Stock 7.23K Direct F3, F4
transaction NOVT Stock Option (Right to Buy) Award $0 +29.2K $0.00 29.2K Feb 24, 2023 Common Stock 29.2K $156.72 Direct F5
* 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 These shares are held by an irrevocable trust for which the reporting person's spouse is the trustee.
F3 Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit.
F4 The Restricted Stock Units vest in three equal annual installments on February 24, 2022, February 24, 2023, and February 24, 2024.
F5 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