Stephen Lovass - Oct 12, 2023 Form 4 Insider Report for NORDSON CORP (NDSN)

Role
Executive Vice President
Signature
Jennifer L. McDonough on behalf of Stephen P. Lovass
Stock symbol
NDSN
Transactions as of
Oct 12, 2023
Transactions value $
-$124,567
Form type
4
Date filed
10/13/2023, 02:05 PM
Previous filing
Aug 3, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Options Exercise $155K +1.22K +15.38% $127.67 9.12K Oct 12, 2023 Direct F1
transaction NDSN NDSN Sale -$280K -1.22K -13.33% $230.11 7.91K Oct 12, 2023 Direct F2, F3
holding NDSN NDSN 191 Oct 12, 2023 Company Savings Plan

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 Options Exercise $0 -1.22K -3.78% $0.00 30.9K Oct 12, 2023 NDSN 1.22K $127.67 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Exercise of a portion of the reporting person's stock options awarded on November 20, 2017 . The shares were sold to pay the exercise price, to cover withholding taxes, and to pay broker fees and commissions, pursuant to a broker-assisted cashless exercise and sale.
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 Price reflected is the weighted-average sale price for share units sold in multiple transactions with a range of sale prices from $230.00 to $230.36. Upon request, the reporting person will provide information regarding the number of share units sold at each separate price to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission.
F4 Represents the comprehensive total of derivative securities beneficially owned by reporting person following this transaction.