| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOVT | Common Stock | Options Exercise | $51.7K | +3.66K | +3.04% | $14.13 | 124K | Nov 6, 2024 | Direct | F1 |
| transaction | NOVT | Common Stock | Sale | -$577K | -3.2K | -2.58% | $180.24 | 121K | Nov 6, 2024 | Direct | F1, F2 |
| transaction | NOVT | Common Stock | Sale | -$83.4K | -460 | -0.38% | $181.34 | 120K | Nov 6, 2024 | Direct | F1, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOVT | Stock Option (Right to Buy) | Options Exercise | $0 | -3.66K | -18.19% | $0.00 | 16.5K | Nov 6, 2024 | Common Stock | 3.66K | $14.13 | Direct | F1, F4 |
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 was effected pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2024. |
| F2 | This transaction was executed in multiple trades ranging from $180.00 to $180.89. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | This transaction was executed in multiple trades ranging from $181.29 to $181.39. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F4 | The Stock Options vested in three equal installments on March 30, 2017, March 30, 2018, and March 30, 2019. |
Power of Attorney on file