G. PATRICK LYNCH - 01 Sep 2021 Form 4 Insider Report for NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ Matthew C. Wolsfeld - Attorney-in-fact
Issuer symbol: NTIC
Transactions as of: 01 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Sep 2021, 17:52:32 UTC
Next filing: 06 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NTIC	Common Stock						74,104	01 Sep 2021	Direct
holding	NTIC	Common Stock						1,203,334	01 Sep 2021	See Footnote 1	F1

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	NTIC	Stock Option (right to buy)	Award	$0	+32,540		$0.000000	32,540	01 Sep 2021	Common Stock	32,540	$16.97	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are held directly by Inter Alia Holding Company of which G. Patrick Lynch is an officer and stockholder. Mr. G. Patrick Lynch disclaims beneficial ownership of the shares held by Inter Alia Holding Company, except to the extent of his pecuniary interest therein.
F2	This option vests with respect to 10,847 shares on each of September 1, 2022 and September 1, 2023 and with respect to 10,846 shares on September 1, 2024.