Matthijs Glastra - 13 Dec 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Signature
/s/ John Burke, Attorney-in-Fact
Issuer symbol
NOVT
Transactions as of
13 Dec 2023
Net transactions value
-$804,979
Form type
4
Filing time
15 Dec 2023, 16:31:59 UTC
Previous filing
05 Dec 2023
Next filing
04 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVT Common Stock Sale $316,800 -1,980 -9.8% $160.00 18,222 13 Dec 2023 Direct F1
transaction NOVT Common Stock Sale $157,515 -980 -5.4% $160.73 17,242 14 Dec 2023 Direct F1, F2
transaction NOVT Common Stock Sale $330,664 -2,040 -12% $162.09 15,202 14 Dec 2023 Direct F1, F3
holding NOVT Common Stock 63,882 13 Dec 2023 Matthijs Glastra 2021 Irrevocable Trust
holding NOVT Common Stock 27,693 13 Dec 2023 Anna Maria Vogelaar 2020 Trust
holding NOVT Common Stock 27,693 13 Dec 2023 Matthijs Glastra 2023 GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $160.17 to $161.12. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 This transaction was executed in multiple trades at prices ranging from $162.03 to $162.14. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Remarks:

Power of Attorney on File