Michele Davis Welsh - Aug 15, 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Aug 15, 2023
Transactions value $
-$90,682
Form type
4
Date filed
8/17/2023, 06:26 PM
Previous filing
Feb 28, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Options Exercise +1.33K 1.33K Aug 15, 2023 Direct F1
transaction NOVT Common Stock Tax liability -$90.7K -589 -44.35% $153.96 739 Aug 15, 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 -1.33K -33.31% 2.66K Aug 15, 2023 Common Stock 1.33K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit.
F2 The Restricted Stock Units vest in three equal annual installments on August 15, 2023, August 15, 2024 and August 15, 2025.

Remarks:

Power of Attorney on file