SEC Form 4 · accession 0001179110-17-011755
NORTECH SYSTEMS INC · NSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Kunin
Director
Period of report
Aug 21, 2017
Accepted (ET)
Aug 23, 2017 · 10:02 am 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 StockF1 | Aug 21, 2017 | P | 750 | $3.3987 | A | 30,650 | D | |
| Common StockF2 | holding | — | — | — | 1,344,066 | I | By Curtis Squire, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.39 to $3.40, inclusive. The reporting person undertakes to provide to Nortech Systems Incorporated, any security holder of Nortech Systems Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Voting and dispositive power over shares held by Curtis Squire, Inc. is shared by Curtis Squires' board of directors. The reporting person is a member of Curtis Squires' board of directors, and as such, the reporting person is deemed to hold shared voting and dispositive power over these shares.
Remarks
Power of Attorney incorporated herein by reference to Exhibit 24.1 attached to the amended Form 4 filed on March 21, 2016.