NSYS · Nortech Systems Inc

Includes 6,876 Restricted Stock Units granted on May 19, 2025, with 3,438 units vesting on May 1, 2026 and 3,438 units vesting on May 1, 2027.

Represents 6,876 Restricted Stock Units granted on May 19, 2025, with 3,438 units vesting on May 1, 2026 and 3,438 units vesting on May 1, 2027.

Represents 6,876 Restricted Stock Units granted on May 19, 2025, with 3,438 units vesting on May 1, 2026 and 3,438 units vesting on May 1, 2027.

Represents 6,832 Stock Options granted on 5/19/2025, with 3,416 options exercisable on May 1, 2026 and 3,416 options exercisable on May 1, 2027.

Represents 6,832 Stock Options granted on May 19, 2025, with 3,416 options exercisable on May 1, 2026 and 3,416 options exercisable on May 1, 2027.

Represents 6,832 Stock Options granted on May 19, 2025, with 3,416 options exercisable on May 1, 2026 and 3,416 options exercisable on May 1, 2027.

Represents 6,832 Stock Options granted on May 19, 2025, with 3,416 options exercisable on May 1, 2026 and 3,416 options exercisable on May 1, 2027.

Represents 9,284 Restricted Stock Units granted on May 19, 2025, with 4,642 units vesting on May 1, 2026 and 4,642 units vesting on May 1, 2027.

Represents 9,222 Stock Options granted on May 19, 2025, with 4,611 options exercisable on May 1, 2026 and 4,611 options exercisable on May 1, 2027.

Represents 6,876 Restricted Stock Units granted on May 19, 2025, with 3,438 units vesting on May 1, 2026 and 3,438 units vesting on May 1, 2027.

Represents 6,876 Restricted Stock Units granted on May 19, 2025, with 3,438 units vesting on May 1, 2026 and 3,438 units vesting on May 1, 2027.

Represents 6,832 Stock Options granted on May 19, 2025, with 3,416 options exercisable on May 1, 2026 and 3,416 options exercisable on May 1, 2027.

Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.

Includes 1,500 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on 3/16/2025.

Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.

Includes 1,500 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on 3/16/2025.

Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.

Includes 1,500 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on 3/16/2025.

Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.

Includes 1,500 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on 3/16/2025.

Represents 3,255 Restricted Stock Units granted on 5/20/2024, with 3,255 shares vesting on 5/1/2025.

Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.

Includes 1,500 Restricted Stock Units granted on 11/10/2023, with 1,500 shares vesting on 5/1/2025.

Represents 1,981 Restricted Stock Units granted on 5/20/2024, with 1,981 shares vesting on 5/1/2025.

Includes 1,500 Restricted Stock Units granted on 11/10/2023, with 1,500 shares vesting on 5/1/2025.

Represents 40,000 Options granted on December 4, 2023, vesting in equal installments of 8,000 Options on each of December 4, 2024, December 4, 2025, December 4, 2026, December 4, 2027 and December 4, 2028.

Represents 2,250 Restricted Stock Units granted on November 10, 2023, with 750 Units vesting on May 1, 2024 and 1,500 Units vesting on May 1, 2025.

Represents 2,250 Restricted Stock Units granted on November 10, 2023, with 750 Units vesting on May 1, 2024 and 1,500 Units vesting on May 1, 2025.

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.

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.

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.

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.

Represents 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.

Represents 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.

Represents 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.

Represents 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.

Represents 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.

Represents 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.

The purchase reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.67 to $11.90, 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.

The purchase reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.10 to $12.18, 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.

The purchase reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.82 to $12.15, 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.

The purchase reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.75 to $12.16, 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.

600 shares vest on each of 5/11/2023, 5/11/2024, 5/11/2025, 5/11/2026 and 5/11/2027.

Grant of Restricted Stock Units ("RSU"). Restrictions lapse on May 11, 2023 with respect to 1,500 units, and May 11, 2024 with respect to 1,500 units.

Such shares are in the form of RSUs. Each RSU represents the right to receive one share of common stock upon vesting.

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.

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.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.96 to $10.09, 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.

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.

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.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.00 to $10.15 on 3/31/2022. 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.

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.

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.

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.

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.

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.

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.

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.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.90 to $10.18 on 3/23/2022, $9.50 to $9.96 on 3/24/2022, and $9.89 to $9.95 on 3/25/2022. 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.

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.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.90 to $10.18 on 3/23/2022, $9.50 to $9.96 on 3/24/2022, and $9.89 to $9.95 on 3/25/2022. 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.

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.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.90 to $10.18 on 3/23/2022, $9.50 to $9.96 on 3/24/2022, and $9.89 to $9.95 on 3/25/2022. 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.

Represents 3,000 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on each of 3/17/2023 and 3/17/2024.

Represents 3,000 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on each of 3/17/2023 and 3/17/2024.