Robert Leasure Jr. - 10 Aug 2024 Form 4 Insider Report for Inotiv, Inc. (NOTV)

Signature
/s/ Beth Taylor, Attorney-in-Fact for Robert Leasure, Jr.
Issuer symbol
NOTV
Transactions as of
10 Aug 2024
Transactions value $
$0
Form type
4
Filing time
15 Aug 2024, 12:11:01 UTC
Previous filing
21 Feb 2023
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTV Common Stock Award $0 +300,000 +40% $0 1,052,909 10 Aug 2024 Direct F1, F2
holding NOTV Common Stock 105,000 10 Aug 2024 See Footnote 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 NOTV Employee Stock Option (right to buy) Award $0 +300,000 $0 300,000 10 Aug 2024 Common Stock 300,000 $1.61 Direct F4
* 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 February 1, 2026, subject to continued employment.
F2 This number of shares does not include 66,400 shares that were previously reported as directly owned by the reporting person. Those shares are included in the number of shares shown as indirectly owned by the reporting person on this Form 4 and the Form 4 filed on January 25, 2024.
F3 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.
F4 This stock option vests over three years as follows: 40% on February 1, 2025, 30% on February 1, 2026 and 30% on February 1, 2027, subject to continued employment.