Scott E. Nolen - 08 Mar 2023 Form 4 Insider Report for INTEST CORP (INTT)

Role: Division Pres-Process Tech
Signature: /s/ Scott Eric Nolen
Issuer symbol: INTT
Transactions as of: 08 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 10 Mar 2023, 15:41:01 UTC
Previous filing: 02 May 2022
Next filing: 02 May 2023
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	+2,284	+11%	$0.000000	22,420	08 Mar 2023	Direct	F1, F2
transaction	INTT	Common Stock	Award	$0	+2,283	+10%	$0.000000	24,703	08 Mar 2023	Direct	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	+3,936		$0.000000	3,936	08 Mar 2023	Common Stock	3,936	$16.06	Direct	F4
holding	INTT	Employee Stock Option (right to buy)						14,680	08 Mar 2023	Common Stock	14,680	$8.14	Direct	F5
holding	INTT	Employee Stock Option (right to buy)						10,000	08 Mar 2023	Common Stock	10,000	$13.13	Direct	F6
holding	INTT	Employee Stock Option (right to buy)						5,140	08 Mar 2023	Common Stock	5,140	$3.20	Direct	F7
holding	INTT	Employee Stock Option (right to buy)						10,300	08 Mar 2023	Common Stock	10,300	$4.53	Direct	F8

* 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 Issuer's Fourth Amended and Restated 2014 Stock Plan (the "Plan") in a transaction exempt under Rule 16b-3 and will vest in four equal annual installments commencing on March 8, 2024.
F2	Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan.
F3	These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on March 8, 2026 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 3,425.
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 8, 2024.
F5	This option vests in four equal annual installments commencing on April 28, 2023.
F6	This option vests in four equal annual installments commencing on April 28, 2022.
F7	This option vests in four equal annual installments commencing on April 29, 2021.
F8	This option vests in four equal annual installments commencing on July 31, 2020.