Gregory Martel - 28 Apr 2022 Form 4 Insider Report for INTEST CORP (INTT)

Role
VP&GM-Environmental Tech
Signature
/s/ Gregory Martel
Issuer symbol
INTT
Transactions as of
28 Apr 2022
Net transactions value
-$2,282
Form type
4
Filing time
02 May 2022, 16:56:13 UTC
Previous filing
28 Mar 2022
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 +3,296 +19% $0.000000 20,296 28 Apr 2022 Direct F1
transaction INTT Common Stock Tax liability $1,783 -219 -1.1% $8.14 20,077 28 Apr 2022 Direct F2
transaction INTT Common Stock Tax liability $500 -63 -0.31% $7.93 20,014 29 Apr 2022 Direct F2
holding INTT Common Stock 48 28 Apr 2022 By Plan 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 +12,284 $0.000000 12,284 28 Apr 2022 Common Stock 12,284 $8.14 Direct F4
* 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 (the "Stock Plan") and will vest 25% annually commencing on April 28, 2023.
F2 Shares withheld to satisfy tax withholding obligation applicable to the vesting of restricted shares granted by the Issuer to the reporting person. These shares were not issued to or sold by the reporting person.
F3 The information in this report is based on information provided by a third-party Trustee of the inTEST Corporation Incentive Savings Plan (the "Plan") as of February 28, 2022. Actions by the Trustee of the Plan to maintain liquidity targets over time will result in periodic fluctuations in the number of shares of inTEST Common Stock held by the Plan and allocated among the participants of the Plan (including the reporting person) and are not the result of volitional or discretionary actions of the reporting person.
F4 The option was issued pursuant to the Stock Plan and will vest 25% annually commencing on April 28, 2023.