Stephen Lovass - Nov 22, 2021 Form 4 Insider Report for NORDSON CORP (NDSN)

Role
Executive Vice President
Signature
Jennifer L. McDonough on behalf of Stephen P. Lovass
Stock symbol
NDSN
Transactions as of
Nov 22, 2021
Transactions value $
$1,378,449
Form type
4
Date filed
11/24/2021, 01:26 PM
Previous filing
May 28, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN Common Stock Award $151K +566 +8.45% $267.51 7.27K Nov 22, 2021 Direct F1
transaction NDSN Common Stock Tax liability -$16.6K -62 -0.85% $267.99 7.21K Nov 23, 2021 Direct F2
holding NDSN Common Stock 187 Nov 22, 2021 By Company Savings Plan F3

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 $1.24M +4.65K $267.51 4.65K Nov 22, 2021 Common Stock 4.65K $267.51 Direct F9, F10
holding NDSN Employee Stock Options (right to buy) 5K Nov 22, 2021 Common Stock 5K $127.67 Direct F4
holding NDSN Employee Stock Options (right to buy) 5K Nov 22, 2021 Common Stock 5K $124.90 Direct F5
holding NDSN Employee Stock Options (right to buy) 5.64K Nov 22, 2021 Common Stock 5.64K $165.21 Direct F6
holding NDSN Employee Stock Options (right to buy) 806 Nov 22, 2021 Common Stock 806 $138.59 Direct F7
holding NDSN Employee Stock Options (right to buy) 5.4K Nov 22, 2021 Common Stock 5.4K $201.50 Direct F8
* 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 566 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. 62 of the 208 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 Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).
F4 All such options have fully vested.
F5 The options vest in 4 equal annual installments beginning on November 26, 2019.
F6 The options vest in 4 equal annual installments beginning on November 25, 2020.
F7 The options vest in 4 equal annual installments beginning on March 30, 2021.
F8 The options vest in 4 equal annual installments beginning on November 23, 2021.
F9 On November 22, 2021, the Company awarded 4649 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.
F10 The options vest in 4 equal annual installments beginning on November 22, 2022.