Michael Tanniru - May 8, 2023 Form 4 Insider Report for INTEST CORP (INTT)

Role: Div. President, Envir. Tech.
Signature: /s/ Michael Tanniru
Stock symbol: INTT
Transactions as of: May 8, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/10/2023, 04:28 PM
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INTT	Common Stock	Award	$0	+1.56K		$0.00	1.56K	May 8, 2023	Direct	F1
transaction	INTT	Common Stock	Award	$0	+1.56K	+99.94%	$0.00	3.13K	May 8, 2023	Direct	F2
transaction	INTT	Common Stock	Award	$0	+3.52K	+112.5%	$0.00	6.65K	May 8, 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	+2.69K		$0.00	2.69K	May 8, 2023	Common Stock	2.69K	$21.32	Direct	F4

* 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 May 8, 2024.
F2	These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on May 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 2,345.
F3	These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on May 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 5,277.
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 May 8, 2024.