Christopher Coccio - Oct 14, 2021 Form 4 Insider Report for SONO TEK CORP (SOTK)

Role
CEO, Director
Signature
Christopher L. Coccio
Stock symbol
SOTK
Transactions as of
Oct 14, 2021
Transactions value $
-$532,417
Form type
4
Date filed
10/18/2021, 05:13 PM
Previous filing
Aug 31, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOTK Sono-Tek Corp Common Stock Options Exercise $245K +100K +30.04% $2.45 433K Oct 14, 2021 Direct F1
transaction SOTK Sono-Tek Corp Common Stock Tax liability -$245K -37.8K -8.72% $6.49 395K Oct 14, 2021 Direct F2
transaction SOTK Sono-Tek Corp Common Stock Options Exercise $265K +100K +25.31% $2.65 495K Oct 14, 2021 Direct F1
transaction SOTK Sono-Tek Corp Common Stock Tax liability -$265K -40.8K -8.25% $6.49 454K Oct 14, 2021 Direct F3
transaction SOTK Sono-Tek Corp Common Stock Sale -$22.4K -3.8K -0.84% $5.90 451K Oct 15, 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 -$245K -100K -50% $2.45 100K Oct 14, 2021 Sono-Tek Corp Common Stock 100K $2.45 Direct F1
transaction SOTK Sono-Tek Corp Options Options Exercise -$265K -100K -100% $2.65 0 Oct 14, 2021 Sono-Tek Corp Common Stock 100K $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.