SEC Form 4 · accession 0001179110-19-000347
NORTECH SYSTEMS INC · NSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Lindeen
Officer — Sr VP - Global Operations
Period of report
Jan 1, 2019
Accepted (ET)
Jan 4, 2019 · 9:31 am EST
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 Options (right to buy)F1 | $3.55 | Jan 1, 2019 | A | 5,000 | A | — | Jan 1, 2029 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F11,000 Options vest on each of 1/2/2020, 1/2/2021, 1/2/2022, 1/2/2023, and 1/2/2024.
Remarks
Power of Attorney filed as Exhibit 24.1 to Form 3 filed as of this date.