| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOVT | Common Stock | Sale | -$263K | -1.61K | -1.32% | $163.45 | 120K | Jan 2, 2024 | Direct | F1, F2 |
| transaction | NOVT | Common Stock | Sale | -$181K | -1.1K | -0.92% | $164.16 | 119K | Jan 2, 2024 | Direct | F1, F3 |
| transaction | NOVT | Common Stock | Sale | -$38.7K | -234 | -0.2% | $165.28 | 119K | Jan 2, 2024 | Direct | F1, F4 |
| transaction | NOVT | Common Stock | Sale | -$8.65K | -52 | -0.04% | $166.43 | 119K | Jan 2, 2024 | Direct | F1, F5 |
| transaction | NOVT | Common Stock | Award | $0 | +8.37K | +7.06% | $0.00 | 127K | Jan 2, 2024 | Direct | F6 |
| transaction | NOVT | Common Stock | Tax liability | -$618K | -3.76K | -2.96% | $164.30 | 123K | Jan 2, 2024 | Direct |
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).
| 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 $162.80 to $163.79. 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 $163.82 to $164.78. 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 $164.84 to $165.83. 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $166.34 to $166.70. 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. |
| F6 | Represents the number of Novanta Inc. common shares earned pursuant to the terms of a performance stock unit award granted on February 24, 2021, reflecting the achievement of applicable relative total shareholder return (TSR) performance conditions over a three-year period from fiscal 2021 through fiscal 2023. |
Power of Attorney on file