Michael Tanniru - Mar 17, 2025 Form 4 Insider Report for INTEST CORP (INTT)

Role
Div. President, Envir. Tech.
Signature
/s/ Michael Tanniru
Stock symbol
INTT
Transactions as of
Mar 17, 2025
Transactions value $
$7,003
Form type
4
Date filed
3/19/2025, 04:34 PM
Previous 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 +4.31K +34.37% $0.00 16.8K Mar 17, 2025 Direct F1
transaction INTT Common Stock Award $0 +4.31K +25.58% $0.00 21.1K Mar 17, 2025 Direct 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 INTT Employee Stock Option (Right to Buy) Award $7K +1.52K $4.61 1.52K Mar 17, 2025 Common Stock 1.52K $7.74 Direct F3
transaction INTT Employee Stock Option (Right to Buy) Award $0 +7.23K $0.00 7.23K Mar 17, 2025 Common Stock 7.23K $7.74 Direct F4
holding INTT Employee Stock Option (Right to Buy) 5.09K Mar 17, 2025 Common Stock 5.09K $11.33 Direct F5
holding INTT Employee Stock Option (Right to Buy) 2.69K Mar 17, 2025 Common Stock 2.69K $21.32 Direct F6
* 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 inTEST Corporation 2023 Stock Incentive Plan (the "Plan") in a transaction exempt under Rule 16b-3 and will vest in four equal annual installments commencing on March 17, 2026.
F2 These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on March 17, 2028 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 6,461.
F3 This option was granted pursuant to the Plan in a transaction exempt under Rule 16b-3 in lieu of an annual base salary merit increase of $7,000. This option will vest in four equal annual installments commencing on March 17, 2026.
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 March 17, 2026.
F5 This option vests in four equal annual installments commencing on March 6, 2025.
F6 This option vests in four equal annual installments commencing on May 8, 2024.