Form 4 for NDSN Nordson Corporation
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-22 · accession 0001209191-21-066764 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-24 | 2021-11-23 | NDSN | NAGARAJAN SUNDARAM | Pres, CEO | F - Tax | $267.99 | -401 | 30.5K | -1% | -$107.5K |
| D | 2021-11-24 | 2021-11-22 | NDSN | NAGARAJAN SUNDARAM | Pres, CEO | A - Grant | $267.51 | +3,800 | 30.9K | +14% | +$1.02M |
| D | 2021-11-24 | 2021-11-22 | NDSN | NAGARAJAN SUNDARAM | Pres, CEO | A - Grant | $267.51 | +31.0K | 31.0K | New | +$8.29M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-23 | F | D | 401 | $267.99 | 30,500 | D | — | — | (F4) On November 23, 2020, the Company awarded 4,100 restricted share units under the Company's Amended and Restated 2012 Stock Incentive and Award Plan. One-third of the restricted share units vest on each November 23, 2021, 2022, and 2023. 401 of the 1,366 share units that vested November 23, 2021 were withheld to cover withholding taxes due upon vesting. The holdings are net of shares previously withheld or sold to cover withholding taxes. |
| 2 | Common | Common Stock | 2021-11-22 | A | A | 3,800 | $267.51 | 30,901 | D | — | — | (F1) On November 22, 2021, the Company awarded 3,800 restricted share units under the Company's 2021 Stock Incentive and Award Plan. One-third of the restricted share units will vest on each November 22, 2022, 2023, and 2024, unless, with certain exceptions, the reporting person ceases to be an employee prior to the vesting date. (F2) The total holdings include 26 shares accrued from dividend payments through participation in the Company's Amended and Restated 2005 Deferred Compensation Plan. (F3) Based on a review of records, it has been determined that the number of common shares directly owned by the reporting person was overstated on the Form 4 filed on January 7, 2021 because an additional 17 common shares were used for taxes for the reporting person's performance shares earned and settled which were not reported. The total number of common shares directly held has been corrected on this Form 4. |
| 3 | Derivative | Employee Stock Options (right to buy) | 2021-11-22 | A | A | 31,000 | $267.51 | 31,000 | D | $267.51 · — to 2031-11-22 | 31,000 Common Stock | (F7) On November 22, 2021, the Company awarded 31,000 stock options under the Company's 2021 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 22, 2022. The vested portions of such options will become exercisable upon vesting. (F8) The options vest in 4 equal annual installments beginning on November 22, 2022. |