Cristina Lucia Duarte Pinho - Jan 20, 2023 Form 4 Insider Report for NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)

Role: Director
Signature: /s/ Matt Wolsfeld, Attorney In Fact
Stock symbol: NTIC
Transactions as of: Jan 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/23/2023, 03:19 PM
Next filing: Sep 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NTIC	Common Stock						0	Jan 20, 2023	Direct

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	NTIC	Stock Option (right to buy)	Award	$0	+5.51K		$0.00	5.51K	Jan 20, 2023	Common Stock	5.51K	$12.95	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option was granted under the Northern Technologies International Corporation Amended and Restated 2019 Stock Incentive Plan and will vest as to all of the underlying shares on January 20, 2024, subject to the reporting person's continued service as a director of the Issuer through the vesting dates.