Stephen Lovass - Dec 1, 2022 Form 4 Insider Report for NORDSON CORP (NDSN)

Signature
Jennifer L. McDonough on behalf of Stephen P. Lovass
Stock symbol
NDSN
Transactions as of
Dec 1, 2022
Transactions value $
$1,224,291
Form type
4
Date filed
12/5/2022, 05:23 PM
Previous filing
Dec 2, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Award $180K +752 +10.7% $240.01 7.78K Dec 1, 2022 Direct F1
holding NDSN NDSN 187 Dec 1, 2022 Company Savings Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NDSN NDSN Award $1.04M +4.35K +15.66% $240.01 32.1K Dec 1, 2022 NDSN 4.35K $240.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2022 the Company awarded 752 restricted share units under the Company's stock plan. One-third of the restricted share units vest on each on December 1, 2023, 2024 and 2025, unless, with certain exceptions, the reporting person ceases to be an employee prior to the vesting date.
F2 Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).
F3 On December 1, 2022, the Company awarded 4,349 stock options under the Company's stock plan. The options vest in 4 equal annual installments beginnning on December 1, 2023. The vested portions of such options will become exercisable upon vesting.