Ramani Narayan - Sep 29, 2022 Form 4 Insider Report for NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)

Role
Director
Signature
/s/ Matthew C. Wolsfeld - Attorney-in-fact
Stock symbol
NTIC
Transactions as of
Sep 29, 2022
Transactions value $
$385,814
Form type
4
Date filed
10/3/2022, 05:34 PM
Previous filing
Sep 6, 2022
Next filing
Sep 6, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTIC Common Stock Options Exercise $53.6K +8K +12.7% $6.70 71K Sep 29, 2022 Direct
transaction NTIC Common Stock Options Exercise $73.4K +8K +11.27% $9.18 79K Sep 29, 2022 Direct
transaction NTIC Common Stock Options Exercise $127K +11.7K +14.86% $10.80 90.7K Sep 29, 2022 Direct
transaction NTIC Common Stock Options Exercise $132K +16K +17.66% $8.24 107K Sep 29, 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 NTIC Stock Option (right to buy) Options Exercise $0 -8K -100% $0.00* 0 Sep 29, 2022 Common Stock 8K $6.70 Direct F1
transaction NTIC Stock Option (right to buy) Options Exercise $0 -8K -100% $0.00* 0 Sep 29, 2022 Common Stock 8K $9.18 Direct F2
transaction NTIC Stock Option (right to buy) Options Exercise $0 -11.7K -100% $0.00* 0 Sep 29, 2022 Common Stock 11.7K $10.80 Direct F3
transaction NTIC Stock Option (right to buy) Options Exercise $0 -16K -100% $0.00* 0 Sep 29, 2022 Common Stock 16K $8.24 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option fully vested on September 1, 2017.
F2 This option fully vested on September 1, 2018.
F3 This option fully vested on September 1, 2020.
F4 This option fully vested on September 1, 2021.