Paul R. Johnston - May 30, 2024 Form 4 Insider Report for EXPONENT INC (EXPO)

Role
Director
Signature
By: Wendy Whitehouse For: Paul R. Johnston
Stock symbol
EXPO
Transactions as of
May 30, 2024
Transactions value $
-$454,291
Form type
4
Date filed
5/30/2024, 06:06 PM
Previous filing
May 24, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPO Common Stock Options Exercise $203K +7K +8.83% $29.05 86.2K May 30, 2024 Direct
transaction EXPO Common Stock Sale -$658K -7K -8.12% $93.95 79.2K May 30, 2024 Direct

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 EXPO Non-Qualified Stock Option (right to buy) Options Exercise -7K -16.67% 35K May 30, 2024 Common Stock 7K $29.05 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Per 10b5-1 trading plan entered into on Feb. 2, 2024.
F2 The stock option becomes exercisable in four equal annual installments.
F3 Not applicable.