0001415889-22-004991.txt : 20220516 0001415889-22-004991.hdr.sgml : 20220516 20220516134127 ACCESSION NUMBER: 0001415889-22-004991 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220511 FILED AS OF DATE: 20220516 DATE AS OF CHANGE: 20220516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Graff David J. CENTRAL INDEX KEY: 0001929192 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13257 FILM NUMBER: 22927508 MAIL ADDRESS: STREET 1: 7550 MERIDIAN CIRCLE N. STREET 2: SUITE 150 CITY: MAPLE GROVE STATE: MN ZIP: 55369 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NORTECH SYSTEMS INC CENTRAL INDEX KEY: 0000722313 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 411681094 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7550 MERIDIAN CIRCLE N STREET 2: SUITE 150 CITY: MAPLE GROVE STATE: MN ZIP: 55369 BUSINESS PHONE: 952-345-2244 MAIL ADDRESS: STREET 1: 7550 MERIDIAN CIRCLE N STREET 2: SUITE 150 CITY: MAPLE GROVE STATE: MN ZIP: 55369 FORMER COMPANY: FORMER CONFORMED NAME: DSC NORTECH INC DATE OF NAME CHANGE: 19901217 FORMER COMPANY: FORMER CONFORMED NAME: DIGIGRAPHIC SYSTEMS CORP DATE OF NAME CHANGE: 19881113 4 1 form4-05162022_100515.xml X0306 4 2022-05-11 0000722313 NORTECH SYSTEMS INC NSYS 0001929192 Graff David J. 7550 MERIDIAN CIR. N. SUITE 150 MAPLE GROVE MN 55369 true false false false Common Stock 2022-05-11 4 A 0 3000 0 A 3000 D Stock Options 13.19 2022-05-11 4 A 0 3000 0 A 2032-05-11 Common Stock 3000 3000 D 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. 600 shares vest on each of 5/11/2023, 5/11/2024, 5/11/2025, 5/11/2026 and 5/11/2027. Exhibit 24.1 Power of Attorney filed with Form 3 on May 16, 2022 and incorporated herein by reference. /s/ Mark Hooley, Attorney-in-Fact 2022-05-16