Joseph P. Kelley - 22 Nov 2021 Form 4 Insider Report for NORDSON CORP (NDSN)

Role
Chief Financial Officer
Signature
Jennifer L. McDonough on behalf of Joseph P. Kelley
Issuer symbol
NDSN
Transactions as of
22 Nov 2021
Net transactions value
+$2,666,513
Form type
4
Filing time
24 Nov 2021, 13:25:05 UTC
Previous filing
07 Jul 2021
Next filing
07 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN Common Stock Award $291,586 +1,090 +17% $267.51 7,538 22 Nov 2021 Direct F1
transaction NDSN Common Stock Tax liability $24,387 -91 -1.2% $267.99 7,447 23 Nov 2021 Direct F2

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 NDSN Employee Stock Options (right to buy) Award $2,399,314 +8,953 $267.99 8,953 22 Nov 2021 Common Stock 8,953 $267.51 Direct F5, F6
holding NDSN Employee Stock Options (right to buy) 21,317 22 Nov 2021 Common Stock 21,317 $189.72 Direct F3
holding NDSN Employee Stock Options (right to buy) 8,150 22 Nov 2021 Common Stock 8,150 $201.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 22, 2021, the Company awarded 1,090 restricted share units under the Company's 2021 Stock Incentive and Award Plan. One-third of the restricted share units will vest on each November 22, 2022, 2023, and 2024, unless, with certain exceptions, the reporting person ceases to be an employee prior to the vesting date.
F2 On November 23, 2020, the Company awarded 930 restricted share units under the Company's Amended and Restated 2012 Stock Incentive and Award Plan. One-third of the restricted share units vest on each November 23, 2021, 2022, and 2023. 91 of the 310 share units that vested November 23, 2021 were withheld to cover withholding taxes due upon vesting. The holdings are net of shares previously withheld or sold to cover withholding taxes.
F3 The options vest in 4 equal annual installments beginning on July 6, 2021.
F4 The options vest in 4 equal annual installments beginning on November 23, 2021.
F5 On November 22, 2021, the Company awarded 8953 stock options under the Company's 2021 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 22, 2022. The vested portions of such options will become exercisable upon vesting.
F6 The options vest in 4 equal annual installments beginning on November 22, 2022.