August 11, 2023 · Form 4 insider transaction
Lindeen John bought 2,000 shares of NORTECH SYSTEMS INC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 186 days after the transaction.
The options shall vest in five cumulative installments, with twenty percent (20%) of the total grant becoming exercisable on the first anniversary of the grant date (the "Vesting Date"), and additional twenty percent (20%) over the next four years on the Vesting Dates.