Michael S. Liebowitz - 16 Nov 2024 Form 4 Insider Report for NOCOPI TECHNOLOGIES INC/MD/ (NNUP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Nov 2024, 16:30:04 UTC
Prior SEC filing
20 Aug 2024
Next SEC filing
19 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Liebowitz

Key filing fact

Michael S. Liebowitz filed Form 4 for NOCOPI TECHNOLOGIES INC/MD/ (NNUP) on 19 Nov 2024.

Key facts

  • This page summarizes Michael S. Liebowitz's Form 4 filing for NOCOPI TECHNOLOGIES INC/MD/ (NNUP).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Nov 2024, 16:30.

Change

  • Previous filing in this sequence was filed on 20 Aug 2024.
  • Current net transaction value: -$116,690.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NNUP transaction

Common Stock

Options Exercise

Transaction value
Shares
+206,221
Change %
Price
Shares after
206,221
Date
16 Nov 2024
Ownership
Direct
Footnotes
F1, F2
NNUP transaction

Common Stock

Tax liability

Transaction value
$116,690
Shares
-61,416
Change %
-30%
Price
$1.90
Shares after
144,805
Date
16 Nov 2024
Ownership
Direct
Footnotes
F2
NNUP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,087,650
Date
16 Nov 2024
Ownership
Held by MSL 18 Holdings LLC

Reported derivative securities

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

NNUP transaction Derivative

Restriced Stock Units

Options Exercise

Transaction value
$0
Shares
-206,221
Change %
-12%
Price
$0.000000
Shares after
1,443,548
Date
16 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
206,221
Exercise price
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 2 footnotes

Footnote F1

On August 16, 2024, the Reporting Person was granted restricted stock units, which vest ratably quarterly over a two-year period beginning on August 16, 2024. Each restricted stock unit represents a contingent right to receive one share of Nocopi Technologies, Inc. (the "Company") common stock.

Footnote F2

On November 16, 2024, 206,221 shares underlying the previously granted restricted stock units vested. In connection with such vesting, the Company withheld 61,416 shares of common stock to cover the Reporting Person's tax obligation in connection with the vesting event.

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