G. Patrick Lynch - Oct 4, 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
Oct 4, 2022
Transactions value $
$13
Form type
4
Date filed
10/6/2022, 05:35 PM
Previous filing
Sep 6, 2022
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTIC Common Stock Options Exercise $189K +36.8K +49.69% $5.13 111K Oct 4, 2022 Direct
transaction NTIC Common Stock Tax liability -$189K -13.6K -12.3% $13.83 97.3K Oct 4, 2022 Direct
holding NTIC Common Stock 1.2M Oct 4, 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) Options Exercise $0 -36.8K -100% $0.00* 0 Oct 4, 2022 Common Stock 36.8K $5.13 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 has fully vested.