Philip I. Smith - Mar 17, 2022 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director
Signature
/s/ Mark Hooley, as Attorney-in-Fact
Stock symbol
NSYS
Transactions as of
Mar 17, 2022
Transactions value $
$35,400
Form type
4
Date filed
3/21/2022, 09:41 PM
Previous filing
Mar 16, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Award $35.4K +3K $11.80 3K Mar 17, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,000 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on each of 3/17/2023 and 3/17/2024.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on 12/15/2020 and incorporated herein by reference.