Jose Antonio Peris - 20 May 2024 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Role
Director
Signature
/s/Mark Hooley, Attorney in Fact
Issuer symbol
NSYS
Transactions as of
20 May 2024
Net transactions value
+$21,910
Form type
4
Filing time
12 Jul 2024, 19:52:48 UTC
Previous filing
13 Nov 2023
Next filing
22 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSYS Common Stock Award $21,910 +1,981 +88% $11.06 4,231 20 May 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.
F2 Includes 1,500 Restricted Stock Units granted on 11/10/2023, with 1,500 shares vesting on 5/1/2025.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on November 7, 2023 and incorporated herein by reference.