John Lindeen - 17 Mar 2022 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Signature
/s/ Mark Hooley, as attorney-in- fact
Issuer symbol
NSYS
Transactions as of
17 Mar 2022
Transactions value $
$0
Form type
4
Filing time
22 Mar 2022, 16:39:59 UTC
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NSYS Common Stock 0 17 Mar 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NSYS Common Stock Options Award $0 +7,500 $0.000000 7,500 17 Mar 2022 Common Stock 7,500 $11.80 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,500 Options vest on each of 3/17/2023, 3/17/2024, 3/17/2025, 3/17/2026 and 3/17/2027.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on 1/4/2019 and incorporated herein by reference.