DAVID B. KUNIN - 24 Jan 2022 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director, 10%+ Owner
Signature
/s/ David Kunin
Issuer symbol
NSYS
Transactions as of
24 Jan 2022
Transactions value $
$10,685
Form type
4
Filing time
26 Jan 2022, 10:20:09 UTC
Previous filing
20 Jan 2022
Next filing
28 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Purchase $1.01K +100 +0.26% $10.10 38K 24 Jan 2022 Direct F2
transaction NSYS Common Stock Purchase $9.67K +964 +2.54% $10.04 38.9K 25 Jan 2022 Direct F2, F3
holding NSYS Common Stock 1.34M 24 Jan 2022 By Curtis Squire, Inc. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Voting and dispositive power over shares held by Curtis Squire, Inc. is shared by Curtis Squires' board of directors. The reporting person is a member of Curtis Squires' board of directors, and as such, the reporting person is deemed to hold shared voting and dispositive power over these shares.
F2 The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2021.
F3 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.80 to $10.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth.