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NORDSON CORP — Director's Dealing 2016
Nov 28, 2016
30481_dirs_2016-11-28_142f8026-0df2-429c-8819-a2272ede7870.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NORDSON CORP (NDSN)
CIK: 0000072331
Period of Report: 2016-11-28
Reporting Person: Lovass Stephen (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-28 | Common Stock | A | 600 | — | Acquired | 600 | Direct |
| 2016-11-28 | Common Stock | A | 1200 | — | Acquired | 1800 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-28 | Employee Stock Options (right to buy) | $108.43 | A | 4880 | Acquired | 2026-11-28 | Common Stock (4880) | Direct |
Footnotes
F1: On November 28, 2016, the Company awarded 600 restricted shares under the Company's 2012 Stock Incentive and Award Plan. One-third of the restricted shares will vest on each of November 30, 2017, 2018, and 2019.
F2: On November 28, 2016, the Company awarded 1,200 performance shares under the Company's 2012 Stock Incentive and Award Plain, which represent the right to receive shares contingent upon the achievement of performance measures over a 3-year performance period. Shares that are earned upon the attainment of the applicable performance targets settle in January 2020. The ultimate number of shares earned is subject to adjustment based on actual performance.
F3: On November 28, 2016, the Company awarded 4,880 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 28, 2017. The vested portions of such options will become exercisable upon vesting.