Ramani Narayan - 29 Sep 2022 Form 4 Insider Report for NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)

Role
Director
Signature
/s/ Matthew C. Wolsfeld - Attorney-in-fact
Issuer symbol
NTIC
Transactions as of
29 Sep 2022
Net transactions value
+$385,814
Form type
4
Filing time
03 Oct 2022, 17:34:36 UTC
Previous filing
06 Sep 2022
Next filing
06 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTIC Common Stock Options Exercise $53,600 +8,000 +13% $6.70 71,000 29 Sep 2022 Direct
transaction NTIC Common Stock Options Exercise $73,400 +8,000 +11% $9.18 79,000 29 Sep 2022 Direct
transaction NTIC Common Stock Options Exercise $126,760 +11,737 +15% $10.80 90,737 29 Sep 2022 Direct
transaction NTIC Common Stock Options Exercise $132,054 +16,026 +18% $8.24 106,763 29 Sep 2022 Direct

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) Options Exercise $0 -8,000 -100% $0.000000* 0 29 Sep 2022 Common Stock 8,000 $6.70 Direct F1
transaction NTIC Stock Option (right to buy) Options Exercise $0 -8,000 -100% $0.000000* 0 29 Sep 2022 Common Stock 8,000 $9.18 Direct F2
transaction NTIC Stock Option (right to buy) Options Exercise $0 -11,737 -100% $0.000000* 0 29 Sep 2022 Common Stock 11,737 $10.80 Direct F3
transaction NTIC Stock Option (right to buy) Options Exercise $0 -16,026 -100% $0.000000* 0 29 Sep 2022 Common Stock 16,026 $8.24 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option fully vested on September 1, 2017.
F2 This option fully vested on September 1, 2018.
F3 This option fully vested on September 1, 2020.
F4 This option fully vested on September 1, 2021.