NORTECH SYSTEMS INC — Director's Dealing 2022

Mar 25, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTECH SYSTEMS INC (NSYS)
CIK: 0000722313
Period of Report: 2022-02-27

Reporting Person: MILLER JAY D (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-27	Common Stock Options	$10.44	A	21000	Acquired	2032-02-27	Common Stock (21000)	Direct

Footnotes

F1: Represents 21,000 option shares granted pursuant to a Stock Option Agreement and in accordance with an Employment Agreement, each dated 2/27/2022; with 5,000 option shares vesting on each of 2/27/2025, 2/27/2026, 2/27/2027, and 3,000 option shares vesting on each of 2/27/2028 and 2/27/2029.