Richard N. Grant Jr. - Aug 24, 2023 Form 4 Insider Report for INTEST CORP (INTT)

Signature
/s/ Richard N. Grant, Jr.
Stock symbol
INTT
Transactions as of
Aug 24, 2023
Transactions value $
-$575,597
Form type
4
Date filed
8/28/2023, 04:32 PM
Previous filing
Mar 14, 2023
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 +37.6K +18.79% $0.00 238K Aug 24, 2023 Direct F1
transaction INTT Common Stock Tax liability -$507K -30.9K -12.99% $16.44 207K Aug 24, 2023 Direct F2
transaction INTT Common Stock Tax liability -$68.3K -4.15K -2.01% $16.44 203K Aug 24, 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
holding INTT Employee Stock Option (right to buy) 17K Aug 24, 2023 Common Stock 17K $16.06 Direct F4
holding INTT Employee Stock Option (right to buy) 25.7K Aug 24, 2023 Common Stock 25.7K $9.76 Direct F5
holding INTT Employee Stock Option (right to buy) 112K Aug 24, 2023 Common Stock 112K $10.62 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were awarded to Mr. Grant upon the vesting of a performance-based restricted stock award granted to him under the Issuer's Third Amended and Restated 2014 Stock Plan in a transaction exempt under Rule 16b-3.
F2 These shares were withheld to cover tax withholding obligations upon the vesting of a performance-based restricted stock award.
F3 These shares were withheld to cover tax withholding obligations upon the vesting of a time-based restricted stock award.
F4 This option vests in four equal annual installments commencing on March 8, 2024.
F5 This option vests in four equal annual installments commencing on March 9, 2023.
F6 This option vests in four equal annual installments commencing on March 10, 2022.