John Lindeen - 11 Aug 2023 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Reporting relationship: SR VP - GLOBAL OPERATIONS
Issuer ticker: NSYS
Reported as of: 11 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Feb 2024, 16:36:00 UTC
Prior SEC filing: 22 Mar 2022
Source filing: View source filing
Reporting owner signature: Gioia Gentile, by power of attorney for John Lindeen

Key filing fact

John Lindeen filed Form 4 for NORTECH SYSTEMS INC (NSYS) on 13 Feb 2024.

Key facts

This page summarizes John Lindeen's Form 4 filing for NORTECH SYSTEMS INC (NSYS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 13 Feb 2024, 16:36.

Change

Previous filing in this sequence was filed on 22 Mar 2022.
Current net transaction value: $0.

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

Common Stock Options

Award

Transaction value: $0
Shares: +2,000
Change %
Price: $0.000000
Shares after: 2,000
Date: 11 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,000
Exercise price: $9.94
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

The options shall vest in five cumulative installments, with twenty percent (20%) of the total grant becoming exercisable on the first anniversary of the grant date (the "Vesting Date"), and additional twenty percent (20%) over the next four years on the Vesting Dates.

SEC remarks

This Form 4 is being filed late due to inadvertent administrative error. Exhibit 24.1 Power of Attorney