PHILIP I. SMITH - 17 Mar 2022 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director
Signature
/s/ Mark Hooley, as Attorney-in-Fact
Issuer symbol
NSYS
Transactions as of
17 Mar 2022
Transactions value $
$35,400
Form type
4
Filing time
21 Mar 2022, 21:41:23 UTC
Previous filing
16 Mar 2022
Next filing
20 May 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 Award $35,400 +3,000 $11.80 3,000 17 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,000 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on each of 3/17/2023 and 3/17/2024.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on 12/15/2020 and incorporated herein by reference.