Andrew D.c. LaFrence - 04 Dec 2023 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Reporting relationship: CHIEF FINANCIAL OFFICER
Issuer ticker: NSYS
Reported as of: 04 Dec 2023
Net transaction value: +$361,600
SEC form: 4
Accepted by SEC: 05 Dec 2023, 17:22:28 UTC
Prior SEC filing: 05 Dec 2023
Next SEC filing: 04 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Andrew D.C. LaFrence

Key filing fact

Andrew D.c. LaFrence filed Form 4 for NORTECH SYSTEMS INC (NSYS) on 05 Dec 2023.

Key facts

This page summarizes Andrew D.c. LaFrence's Form 4 filing for NORTECH SYSTEMS INC (NSYS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Dec 2023, 17:22.

Change

Previous filing in this sequence was filed on 05 Dec 2023.
Current net transaction value: +$361,600.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NSYS transaction Derivative

Options

Award

Transaction value: $361,600
Shares: +40,000
Change %
Price: $9.04
Shares after: 40,000
Date: 04 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 40,000
Exercise price: $9.04
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents 40,000 Options granted on December 4, 2023, vesting in equal installments of 8,000 Options on each of December 4, 2024, December 4, 2025, December 4, 2026, December 4, 2027 and December 4, 2028.