Sundaram Nagarajan - Dec 1, 2023 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
Dec 1, 2023
Transactions value $
$6,210,710
Form type
4
Date filed
12/5/2023, 03:09 PM
Previous filing
Nov 24, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability -$156K -655 -1.95% $238.80 32.9K Dec 1, 2023 Direct F1
transaction NDSN NDSN Award $1.24M +5.19K +15.8% $238.80 38.1K Dec 1, 2023 Direct 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 $5.13M +21.5K +16.09% $238.80 155K Dec 1, 2023 NDSN 21.5K $238.80 Direct F3, F4
* 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 4,426 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 655 of the restricted share units were withheld to cover withholding taxes due upon vesting.
F2 On December 1, 2023 the Company awarded 5,192 restricted share units under the Company's stock plan. One-third of the restricted share units vest on each December 1, 2024, 2025 and 2026.
F3 On December 1, 2023, the Company awarded 21,471 stock options under the Company's stock plan. The options vest in 4 equal annual installments beginning on December 1, 2024. The vested portions of such options will become exercisable upon vesting.
F4 Represents the comprehensive total of derivative securities beneficially owned by reporting person following this transaction.