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

Role: VP&GM-Environmental Tech
Signature: /s/ Gregory Martel
Stock symbol: INTT
Transactions as of: Apr 28, 2022
Transactions value $: -$2,282
Form type: 4
Date filed: 5/2/2022, 04:56 PM
Previous filing: Mar 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INTT	Common Stock	Award	$0	+3.3K	+19.39%	$0.00	20.3K	Apr 28, 2022	Direct	F1
transaction	INTT	Common Stock	Tax liability	-$1.78K	-219	-1.08%	$8.14	20.1K	Apr 28, 2022	Direct	F2
transaction	INTT	Common Stock	Tax liability	-$500	-63	-0.31%	$7.93	20K	Apr 29, 2022	Direct	F2
holding	INTT	Common Stock						48	Apr 28, 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	+12.3K		$0.00	12.3K	Apr 28, 2022	Common Stock	12.3K	$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.