Form 4 for NSYS NORTECH SYSTEMS INC
Accepted 2022-05-16 00:00:00 ET · period of report 2022-05-11 · accession 0001415889-22-004991 · 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 | 2022-05-16 | 2022-05-11 | NSYS | Graff David J. | Dir | A - Grant | $0.00 | +3,000 | 3,000 | New | $0 |
| D | 2022-05-16 | 2022-05-11 | NSYS | Graff David J. | Dir | A - Grant | $0.00 | +3,000 | 3,000 | New | $0 |
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 | 2022-05-11 | A | A | 3,000 | $0.00 | 3,000 | D | — | — | (F1) Grant of Restricted Stock Units ("RSU"). Restrictions lapse on May 11, 2023 with respect to 1,500 units, and May 11, 2024 with respect to 1,500 units. (F2) Such shares are in the form of RSUs. Each RSU represents the right to receive one share of common stock upon vesting. |
| 2 | Derivative | Stock Options | 2022-05-11 | A | A | 3,000 | $0.00 | 3,000 | D | $13.19 · — to 2032-05-11 | 3,000 Common Stock | (F3) 600 shares vest on each of 5/11/2023, 5/11/2024, 5/11/2025, 5/11/2026 and 5/11/2027. |