SEC Form 4 · accession 0001179110-17-007492
NORTECH SYSTEMS INC · NSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Mahmood
Officer — Chief Operating Officer
Period of report
May 15, 2017
Accepted (ET)
May 18, 2017 · 2:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000722313
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $3.43 | May 15, 2017 | A | 75,000 | A | — | May 15, 2027 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F125,000 shares vest on each of 5/15/2018, 5/15/2019, and 5/15/2020.