G. Patrick Lynch - Sep 1, 2022 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
Stock symbol: NTIC
Transactions as of: Sep 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/6/2022, 06:15 PM
Previous filing: Sep 2, 2021
Next filing: Oct 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NTIC	Common Stock						74.1K	Sep 1, 2022	Direct
holding	NTIC	Common Stock						1.2M	Sep 1, 2022	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	+47.5K		$0.00	47.5K	Sep 1, 2022	Common Stock	47.5K	$11.38	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 15,839 shares on each of September 1, 2023, September 1, 2024 and September 1, 2025.