Sundaram Nagarajan - Nov 22, 2022 Form 4 Insider Report for NORDSON CORP (NDSN)

Role
President and CEO, Director
Signature
Jennifer L. McDonough on behalf of Sundaram Nagarajan
Stock symbol
NDSN
Transactions as of
Nov 22, 2022
Transactions value $
$390,966
Form type
4
Date filed
11/25/2022, 03:04 PM
Previous filing
Sep 26, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability -$131K -562 -2.32% $233.59 23.7K Nov 22, 2022 Direct F1, F2, F3
transaction NDSN NDSN Tax liability -$142K -607 -2.56% $234.40 23.1K Nov 23, 2022 Direct F4
transaction NDSN NDSN Options Exercise $1.19M +5.1K +22.05% $234.40 28.2K Nov 23, 2022 Direct F5
transaction NDSN NDSN Tax liability -$530K -2.26K -8.01% $234.40 25.9K Nov 23, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 22, 2021 the Company awarded 3,800 restricted share units under the Company's stock plan. One-third of the restricted share units vest on each November 22, 2022, 2023 and 2024. 562 of the 1,266 share units that vested November 22, 2022 were withheld to cover withholding taxes due upon vesting.
F2 The total holdings include 34 shares accrued from dividend payments through participation in the Company's Amended and Restated 2005 Deferred Compensation Plan.
F3 On November 26, 2018, the Company awarded 5,567 performance shares under the Company's Incentive and Award Plan, contingent upon the achievement of performance measures over a 3-year performance period with settlement in January 2022. The Company did not reach the threshold performance measure and therefore the total holdings reflect a decrease of 5,567 shares.
F4 On November 23, 2020 the Company awarded 4,100 restricted share units under the Company's stock plan. One-third of the restricted share units vest on each November 23, 2021, 2022, and 2023. 607 of the 1,367 share units that vested on November 23, 2022 were withheld to cover withholding taxes due upon vesting.
F5 On November 24, 2020, the Company awarded 5,095 restricted share units under the Company's Stock Plan with all restricted share units vesting on November 23, 2022. 2,260 of the 5,095 restricted share units that vested November 23, 2020 were withheld to cover withholding taxes due upon vesting.