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

Role
President & CEO, Director
Signature
/s/ Richard N. Grant, Jr.
Issuer symbol
INTT
Transactions as of
24 Aug 2023
Net transactions value
-$575,597
Form type
4
Filing time
28 Aug 2023, 16:32:22 UTC
Previous filing
14 Mar 2023
Next filing
08 Mar 2024
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 +37,581 +19% $0.000000 237,563 24 Aug 2023 Direct F1
transaction INTT Common Stock Tax liability $507,322 -30,859 -13% $16.44 206,704 24 Aug 2023 Direct F2
transaction INTT Common Stock Tax liability $68,275 -4,153 -2% $16.44 202,551 24 Aug 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) 16,988 24 Aug 2023 Common Stock 16,988 $16.06 Direct F4
holding INTT Employee Stock Option (right to buy) 25,692 24 Aug 2023 Common Stock 25,692 $9.76 Direct F5
holding INTT Employee Stock Option (right to buy) 112,000 24 Aug 2023 Common Stock 112,000 $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.