Michael D. Hays - Jan 3, 2023 Form 4 Insider Report for NATIONAL RESEARCH CORP (NRC)

Role
CEO & President, Director
Signature
/s/ Michael D. Hays, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
NRC
Transactions as of
Jan 3, 2023
Transactions value $
$158,601
Form type
4
Date filed
1/5/2023, 04:48 PM
Previous filing
Mar 1, 2023
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRC Common Stock Options Exercise $159K +10.9K +32.07% $14.50 45K Jan 3, 2023 Direct
holding NRC Common Stock 102K Jan 3, 2023 By Spouse 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 NRC Employee Stock Option (right to buy) Options Exercise $0 -10.9K -100% $0.00* 0 Jan 3, 2023 Common Stock 10.9K $14.50 Direct F2
transaction NRC Employee Stock Option (right to buy) Award $0 +4.91K $0.00 4.91K Jan 4, 2023 Common Stock 4.91K $38.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these shares.
F2 This option was previously reported as covering 3,646 shares at an exercise price of $52.42 per share, but was adjusted to reflect the stock dividend that occurred on May 22, 2013.
F3 This option becomes fully exercisable on January 4, 2028.