Robert Buckley - Dec 18, 2023 Form 4 Insider Report for NOVANTA INC (NOVT)

Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Dec 18, 2023
Transactions value $
-$1,023,149
Form type
4
Date filed
12/20/2023, 04:36 PM
Previous filing
Dec 18, 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 Sale -$153K -900 -0.71% $170.08 127K Dec 18, 2023 Direct F1, F2
transaction NOVT Common Stock Sale -$817K -4.79K -3.78% $170.57 122K Dec 19, 2023 Direct F1, F3
transaction NOVT Common Stock Sale -$52.9K -309 -0.25% $171.12 122K Dec 19, 2023 Direct F1, F4
* 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 entered into by the reporting person on June 8, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $170.00 to $170.28. 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 $170.03 to $170.86. 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.
F4 This transaction was executed in multiple trades at prices ranging from $171.04 to $171.16. 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.