Dan Sachs - May 12, 2023 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director
Signature
/s/ Mark Hooley, Attorney-in-Fact
Stock symbol
NSYS
Transactions as of
May 12, 2023
Transactions value $
$28,170
Form type
4
Date filed
5/16/2023, 08:08 PM
Previous filing
Mar 21, 2022
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Award $28.2K +3K +100% $9.39 6K May 12, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,000 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on each of 3/16/2024 and 3/16/2025.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on 12/21/2020 and incorporated herein by reference.