Matthew C. Wolsfeld - 01 Sep 2022 Form 4 Insider Report for NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)

Role: CFO and Corporate Secretary
Signature: /s/ Matthew C. Wolsfeld - Attorney-in-fact
Issuer symbol: NTIC
Transactions as of: 01 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 06 Sep 2022, 18:06:58 UTC
Previous filing: 02 Sep 2021
Next filing: 06 Oct 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						134,595	01 Sep 2022	Direct	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	+35,121		$0.000000	35,121	01 Sep 2022	Common Stock	35,121	$11.38	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Includes 60 shares that were purchased under the Northern Technologies International Employee Stock Purchase Plan
F2	This option vests with respect to 11,707 shares on each of September 1, 2023, September 1, 2024 and September 1, 2025.