CHRISTOPHER L. COCCIO - 14 Oct 2021 Form 4 Insider Report for SONO TEK CORP (SOTK)

Role
CEO, Director
Signature
Christopher L. Coccio
Issuer symbol
SOTK
Transactions as of
14 Oct 2021
Net transactions value
-$532,417
Form type
4
Filing time
18 Oct 2021, 17:13:43 UTC
Previous filing
31 Aug 2021
Next filing
19 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOTK Sono-Tek Corp Common Stock Options Exercise $245,000 +100,000 +30% $2.45 432,920 14 Oct 2021 Direct F1
transaction SOTK Sono-Tek Corp Common Stock Tax liability $244,998 -37,750 -8.7% $6.49 395,170 14 Oct 2021 Direct F2
transaction SOTK Sono-Tek Corp Common Stock Options Exercise $265,000 +100,000 +25% $2.65 495,170 14 Oct 2021 Direct F1
transaction SOTK Sono-Tek Corp Common Stock Tax liability $265,000 -40,832 -8.2% $6.49 454,338 14 Oct 2021 Direct F3
transaction SOTK Sono-Tek Corp Common Stock Sale $22,420 -3,800 -0.84% $5.90 450,538 15 Oct 2021 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 SOTK Sono-Tek Corp Options Options Exercise $245,000 -100,000 -50% $2.45 100,000 14 Oct 2021 Sono-Tek Corp Common Stock 100,000 $2.45 Direct F1
transaction SOTK Sono-Tek Corp Options Options Exercise $265,000 -100,000 -100% $2.65 0 14 Oct 2021 Sono-Tek Corp Common Stock 100,000 $2.65 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person exercised 100000 vested options.
F2 Reporting person surrendered 37750 shares of Sono-Tek Corp common stock as payment for the exercise of vested options.
F3 Reporting person surrendered 40832 shares of Sono-Tek Corp common stock as payment for the exercise of vested options.