David B. Kunin - May 20, 2024 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director, 10%+ Owner
Signature
/s/ Mark Hooley, Attorney in Fact
Stock symbol
NSYS
Transactions as of
May 20, 2024
Transactions value $
$21,910
Form type
4
Date filed
7/12/2024, 07:47 PM
Previous filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Award $21.9K +1.98K +2.83% $11.06 71.9K May 20, 2024 Direct F1, F2
holding NSYS Common Stock 1.34M May 20, 2024 By Curtis Squire, Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.
F2 Includes 1,500 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on 3/16/2025.
F3 Voting and dispositive power over shares held by Curtis Squire, Inc. is shared by Curtis Squire Inc.'s board of directors. The Reporting Person is a member of Curtis Squire Inc.'s board of directors, and as such, the Reporting Person is deemed to hold shared voting and dispositive power over these shares.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 4 on January 20, 2022 and incorporated herein by reference.