Dan Sachs - 20 May 2024 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director
Signature
/s/ Mark Hooley, Attorney in Fact
Issuer symbol
NSYS
Transactions as of
20 May 2024
Net transactions value
+$21,910
Form type
4
Filing time
12 Jul 2024, 19:54:49 UTC
Previous filing
16 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Award $21,910 +1,981 +33% $11.06 7,981 20 May 2024 Direct F1, F2
* 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.

Remarks:

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