Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | NOVT | Common Stock | 121K | Feb 21, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOVT | Performance Stock Units | Award | $0 | +10.9K | $0.00 | 10.9K | Feb 21, 2024 | Common Stock | 10.9K | Direct | F1, F2 | ||
transaction | NOVT | Stock Option (Right to Buy) | Award | $0 | +13.5K | $0.00 | 13.5K | Feb 21, 2024 | Common Stock | 13.5K | $157.48 | Direct | F3 |
Id | Content |
---|---|
F1 | The number of shares underlying Performance Stock Unit award originally granted on February 24, 2021 became fixed upon ratification by the Compensation Committee of the Board of Directors based on 100% achievement of performance target. The Performance Stock Units will vest in two equal installments on February 24, 2025 and February 24, 2026. |
F2 | Each Performance Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Performance Stock Unit. |
F3 | The Stock Options vest in three equal annual installments on February 21, 2025, February 21, 2026 and February 21, 2027. |
Power of Attorney on File