NORTECH SYSTEMS INC — Director's Dealing 2023

May 19, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTECH SYSTEMS INC (NSYS)
CIK: 0000722313
Period of Report: 2023-05-17

Reporting Person: Rosenstone Steven J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-17	Common Stock	M	1000	$3.29	Acquired	8000	Direct
2023-05-17	Common Stock	F	356	$9.25	Disposed	7644	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-17	Common Stock Options	$3.29	M	1000	Disposed	2028-05-09	Common Stock (1000)	Direct

Footnotes

F1: Includes 3,000 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on each of 3/16/2024 and 3/16/2025, and 1,500 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on 3/17/2024.

F2: The option, representing a right to purchase a total of 3,000 shares, became exercisable in five equal annual installments of 600 shares each beginning on May 9, 2019, which was the first anniversary of the date on which the option was granted.