Matthijs Glastra - 21 Feb 2024 Form 4 Insider Report for NOVANTA INC (NOVT)

Role
Chief Executive Officer, Director
Signature
/s/ John Burke, Attorney-in-Fact
Issuer symbol
NOVT
Transactions as of
21 Feb 2024
Net transactions value
$0
Form type
4
Filing time
23 Feb 2024, 18:55:32 UTC
Previous filing
22 Feb 2024
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NOVT Common Stock 23,594 21 Feb 2024 Direct
holding NOVT Common Stock 63,882 21 Feb 2024 Matthijs Glastra 2021 Irrevocable Trust
holding NOVT Common Stock 27,693 21 Feb 2024 Anna Maria Vogelaar 2020 Trust
holding NOVT Common Stock 27,693 21 Feb 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 Performance Stock Units Award $0 +21,703 $0.000000 21,703 21 Feb 2024 Common Stock 21,703 Direct F1, F2
transaction NOVT Stock Option (Right to Buy) Award $0 +31,747 $0.000000 31,747 21 Feb 2024 Common Stock 31,747 $157.48 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

Power of Attorney on File