SEC Form 4 · accession 0001179110-19-002855
NORTECH SYSTEMS INC · NSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay D Miller
Officer — President and CEO · Director
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 11:43 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 | Feb 27, 2019 | A | 25,000 | $0.00 | A | 25,000 | 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 | $4.64 | Feb 27, 2019 | A | 125,000 | A | — | Feb 27, 2029 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F125,000 shares vest on each of 2/27/2020, 2/27/2021, 2/27/2022, 2/27/2023 and 2/27/2024.
Remarks
Power of Attorney form filed as Exhibit 24.1 on May 10, 2018.