DAVID B. KUNIN - 08 Feb 2022 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Signature
/s/ Mark Hooley, as Attorney-in-Fact for David Kunin
Issuer symbol
NSYS
Transactions as of
08 Feb 2022
Transactions value $
$7,670
Form type
4
Filing time
10 Feb 2022, 16:01:33 UTC
Previous filing
07 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Purchase $7.67K +767 +1.66% $10.00 47K 08 Feb 2022 Direct F2
holding NSYS Common Stock 1.34M 08 Feb 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.

Remarks:

Exhibit 24.1 - Power of Attorney incorporated by reference to the Reporting Person's Form 4 filed on January 20, 2022.