Duncan Gilmour - 14 Jun 2021 Form 4 Insider Report for INTEST CORP (INTT)

Signature
/s/ Duncan Gilmour
Issuer symbol
INTT
Transactions as of
14 Jun 2021
Net transactions value
$0
Form type
4
Filing time
16 Jun 2021, 15:11:57 UTC
Next filing
11 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTT Common Stock Award $0 +1,988 $0.000000 1,988 14 Jun 2021 Direct F1
transaction INTT Common Stock Award $0 +5,953 +299% $0.000000 7,941 14 Jun 2021 Direct F2
holding INTT Common Stock 200 14 Jun 2021 By Spouse

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 +8,104 $0.000000 8,104 14 Jun 2021 Common Stock 8,104 $16.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares acquired are restricted shares issued pursuant to the Issuer's Third Amended and Restated 2014 Stock Plan and will vest 25% annually commencing on June 14, 2022.
F2 The shares acquired are performance-based restricted shares issued pursuant to the Issuer's Third Amended and Restated 2014 Stock Plan, that will vest on August 24, 2023 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 8,929.
F3 The option will vest in four equal annual installments beginning on June 14, 2022.