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NORTHERN TECHNOLOGIES INTERNATIONAL CORP Director's Dealing 2009

Dec 8, 2009

34385_dirs_2009-12-08_6cf83de9-b5c2-4a6a-91a8-c7e719289573.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
CIK: 0000875582
Period of Report: 2009-12-04

Reporting Person: LYNCH G PATRICK (Director, President and CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-12-04 Common Stock S 202400 $7.5 Disposed 649668 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 15468 Direct

Footnotes

F1: These shares were pledged by Inter Alia Holding Company pursuant to a pledge agreement dated as of September 5, 2008 and subsequently foreclosed upon and sold by the pledgee.

F2: These shares are held directly by Inter Alia Holding Company of which G. Patrick Lynch is an officer and a stockholder. Mr. G.P. Lynch disclaims beneficial ownership of the shares held by Inter Alia Holding Company, except to the extent of his pecuniary interest therein.