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NORTECH SYSTEMS INC Director's Dealing 2022

Mar 30, 2022

34862_dirs_2022-03-30_bcedddd9-a959-49e9-84c5-4071b0e4e35a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTECH SYSTEMS INC (NSYS)
CIK: 0000722313
Period of Report: 2022-03-28

Reporting Person: KUNIN DAVID B (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-28 Common Stock P 1578 $9.9909 Acquired 60428 Direct
2022-03-29 Common Stock P 1587 $10.17 Acquired 62015 Direct
2022-03-30 Common Stock P 1587 $10.13 Acquired 63602 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1344066 Indirect

Footnotes

F1: The purchases reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 14, 2021.

F2: Shares were purchased in multiple transactions. The price reported in column 4 for shares purchased 3/28/2022 is a weighted average price with prices ranging from $9.94 to $10.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth. Shares purchased 3/29/2022 and 3/30/2022 were priced as reported in column 4.

F3: Voting and dispositive power over shares held by Curtis Squire, Inc. is shared by Curtis Squires' board of directors. The Reporting Person is a member of Curtis Squires' board of directors, and as such, the Reporting Person is deemed to hold shared voting and dispositive power over these shares.