Matthijs Glastra - Feb 20, 2024 Form 4 Insider Report for NOVANTA INC (NOVT)

Role
Chief Executive Officer, Director
Signature
/s/ John Burke, Attorney-in-Fact
Stock symbol
NOVT
Transactions as of
Feb 20, 2024
Transactions value $
-$187,847
Form type
4
Date filed
2/22/2024, 06:01 PM
Previous filing
Jan 4, 2024
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 $0 +2.65K +11.98% $0.00 24.8K Feb 20, 2024 Direct
transaction NOVT Common Stock Tax liability -$188K -1.18K -4.74% $159.87 23.6K Feb 20, 2024 Direct
holding NOVT Common Stock 63.9K Feb 20, 2024 Matthijs Glastra 2021 Irrevocable Trust
holding NOVT Common Stock 27.7K Feb 20, 2024 Anna Maria Vogelaar 2020 Trust
holding NOVT Common Stock 27.7K Feb 20, 2024 Matthijs Glastra 2023 GRAT

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 -2.65K -100% $0.00* 0 Feb 20, 2024 Common Stock 2.65K 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 four equal annual installments on February 20, 2021, February 20, 2022, February 20, 2023 and February 20, 2024.