Robert Leasure Jr. - 17 Feb 2023 Form 4 Insider Report for Inotiv, Inc. (NOTV)

Role: President and CEO, Director
Signature: /s/ Beth Taylor, Attorney-in-Fact for Robert Leasure, Jr.
Issuer symbol: NOTV
Transactions as of: 17 Feb 2023
Transactions value $: $0
Form type: 4
Filing time: 21 Feb 2023, 16:38:46 UTC
Previous filing: 20 Jan 2023
Next filing: 15 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NOTV	Common Stock	Award	$0	+151,706	+21.87%	$0	845,409	17 Feb 2023	Direct	F1
holding	NOTV	Common Stock						5,000	17 Feb 2023	See Footnote	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NOTV	Employee Stock Option (right to buy)	Award	$0	+151,706		$0	151,706	17 Feb 2023	Common Stock	151,706	$7.91	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units, which vest in full on the second anniversary of the grant date, subject to continued employment.
F2	These shares are held by an entity for which the reporting person is the majority security holder. Except to the extent of his pecuniary interest therein, the reporting person disclaims beneficial ownership of these shares.
F3	Represents a grant of non-qualified options, which have a three year vesting period of 40% / 30% / 30% beginning on the first anniversary of the grant date, subject to continued employment.