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

Role
Chief Executive Officer, Director
Signature
/s/ John Burke, Attorney-in-Fact
Issuer symbol
NOVT
Transactions as of
24 Feb 2023
Net transactions value
-$1,517,833
Form type
4
Filing time
28 Feb 2023, 19:00:48 UTC
Previous filing
23 Feb 2023
Next filing
14 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise $0 +4,341 +5.2% $0.000000 87,526 24 Feb 2023 Direct
transaction NOVT Common Stock Options Exercise $0 +7,234 +8.3% $0.000000 94,760 24 Feb 2023 Direct
transaction NOVT Common Stock Award $0 +10,259 +11% $0.000000 105,019 24 Feb 2023 Direct F1
transaction NOVT Common Stock Tax liability $713,076 -4,550 -4.3% $156.72 100,469 24 Feb 2023 Direct
transaction NOVT Common Stock Tax liability $301,843 -1,926 -1.9% $156.72 98,543 24 Feb 2023 Direct
transaction NOVT Common Stock Tax liability $502,914 -3,209 -3.3% $156.72 95,334 24 Feb 2023 Direct
holding NOVT Common Stock 50,036 24 Feb 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 -4,341 -50% $0.000000 4,341 24 Feb 2023 Common Stock 4,341 Direct F3, F4
transaction NOVT Restricted Stock Units Options Exercise $0 -7,234 -50% $0.000000 7,235 24 Feb 2023 Common Stock 7,234 Direct F3, F4
transaction NOVT Stock Option (Right to Buy) Award $0 +29,156 $0.000000 29,156 24 Feb 2023 Common Stock 29,156 $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