Stephen Lovass - Mar 30, 2022 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
Mar 30, 2022
Transactions value $
-$2,069
Form type
4
Date filed
4/1/2022, 12:06 PM
Previous filing
Dec 2, 2021
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN Common Stock Tax liability -$2.07K -9 -0.16% $229.91 5.78K Mar 30, 2022 Direct F1, F2, F3
holding NDSN Common Stock 187 Mar 30, 2022 By Company Savings Plan F4

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
holding NDSN Employee Stock Options (right to buy) 5K Mar 30, 2022 Common Stock 5K $127.67 Direct F5
holding NDSN Employee Stock Options (right to buy) 5K Mar 30, 2022 Common Stock 5K $124.90 Direct F6
holding NDSN Employee Stock Options (right to buy) 5.64K Mar 30, 2022 Common Stock 5.64K $165.21 Direct F7
holding NDSN Employee Stock Options (right to buy) 806 Mar 30, 2022 Common Stock 806 $138.59 Direct F8
holding NDSN Employee Stock Options (right to buy) 5.4K Mar 30, 2022 Common Stock 5.4K $201.50 Direct F9
holding NDSN Employee Stock Options (right to buy) 4.65K Mar 30, 2022 Common Stock 4.65K $267.51 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2020, the Company awarded 90 restricted shares under the Company's Amended and Restated 2012 Stock Incentive and Award Plan. One-third of the restricted shared vest on each March 30, 2021, 2022, and 2023. 9 of the 30 shares that vested March 30, 2022 were withheld to cover withholding taxes due upon vesting. The holdings are net of shares previously withheld or sold to cover withholding taxes.
F2 The total holdings include 6 shares accrued from dividend payments through participation in the Company's Dividend Reinvestment Plan
F3 The total holdings reflect a decrease of 1,300 shares because the target/award originally reported on November 28, 2018 was not earned. On November 26, 2018, the Company awarded 1,300 performance shares under the Company's Amended and Restated 2012 Stock Incentive and Award Plan, contingent upon the achievement of performance measures over a 3-year performance period (2019-2021) with settlement in January 2022. The Company did not reach the threshold performance measure and therefore zero performance shares vested.
F4 Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).
F5 All such options have fully vested.
F6 The options vest in 4 equal annual installments beginning on November 26, 2019.
F7 The options vest in 4 equal annual installments beginning on November 25, 2020.
F8 The options vest in 4 equal annual installments beginning on March 30, 2021.
F9 The options vest in 4 equal annual installments beginning on November 23, 2021.
F10 The options vest in 4 equal annual installments beginning on November 22, 2022.