Michael Tanniru - May 8, 2023 Form 4 Insider Report for INTEST CORP (INTT)

Role
Div. President, Envir. Tech.
Signature
/s/ Michael Tanniru
Stock symbol
INTT
Transactions as of
May 8, 2023
Transactions value $
$0
Form type
4
Date filed
5/10/2023, 04:28 PM
Next filing
Mar 8, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTT Common Stock Award $0 +1.56K $0.00 1.56K May 8, 2023 Direct F1
transaction INTT Common Stock Award $0 +1.56K +99.94% $0.00 3.13K May 8, 2023 Direct F2
transaction INTT Common Stock Award $0 +3.52K +112.5% $0.00 6.65K May 8, 2023 Direct F3

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 INTT Employee Stock Option (Right to Buy) Award $0 +2.69K $0.00 2.69K May 8, 2023 Common Stock 2.69K $21.32 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted shares were granted pursuant to the Issuer's Fourth Amended and Restated 2014 Stock Plan (the "Plan") in a transaction exempt under Rule 16b-3 and will vest in four equal annual installments commencing on May 8, 2024.
F2 These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on May 8, 2026 dependent upon certain performance criteria. The amount shown reflects the number of shares that will vest at target performance. The maximum number of shares that may vest pursuant to the performance criteria is 2,345.
F3 These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on May 8, 2026 dependent upon certain performance criteria. The amount shown reflects the number of shares that will vest at target performance. The maximum number of shares that may vest pursuant to the performance criteria is 5,277.
F4 This option was granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest in four equal annual installments commencing on May 8, 2024.