Richard N. Grant Jr. - 17 Mar 2025 Form 4 Insider Report for INTEST CORP (INTT)

Role
President & CEO, Director
Signature
/s/ Richard N. Grant, Jr.
Issuer symbol
INTT
Transactions as of
17 Mar 2025
Net transactions value
+$10,727
Form type
4
Filing time
19 Mar 2025, 16:35:37 UTC
Previous filing
12 Mar 2025
Next filing
14 Apr 2025
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 +25,840 +16% $0.000000 186,897 17 Mar 2025 Direct F1
transaction INTT Common Stock Award $0 +25,840 +14% $0.000000 212,737 17 Mar 2025 Direct F2

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 $10,727 +2,327 $4.61 2,327 17 Mar 2025 Common Stock 2,327 $7.74 Direct F3
transaction INTT Employee Stock Option (right to buy) Award $0 +43,384 $0.000000 43,384 17 Mar 2025 Common Stock 43,384 $7.74 Direct F4
holding INTT Employee Stock Option (right to buy) 30,536 17 Mar 2025 Common Stock 30,536 $11.33 Direct F5
holding INTT Employee Stock Option (right to buy) 16,988 17 Mar 2025 Common Stock 16,988 $16.06 Direct F6
holding INTT Employee Stock Option (right to buy) 25,692 17 Mar 2025 Common Stock 25,692 $9.76 Direct F7
holding INTT Employee Stock Option (right to buy) 112,000 17 Mar 2025 Common Stock 112,000 $10.62 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 inTEST Corporation 2023 Stock Incentive Plan (the "Plan") in a transaction exempt under Rule 16b-3 and will vest in four equal annual installments commencing on March 17, 2026.
F2 These performance-based restricted shares were granted pursuant to the Plan in a transaction exempt under Rule 16b-3 and will vest on March 17, 2028 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 38,760.
F3 This option was granted pursuant to the Plan in a transaction exempt under Rule 16b-3 in lieu of an annual base salary merit increase of $10,723. This option will vest in four equal annual installments commencing on March 17, 2026.
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 17, 2026.
F5 This option vests in four equal annual installments commencing on March 6, 2025.
F6 This option vests in four equal annual installments commencing on March 8, 2024.
F7 This option vests in four equal annual installments commencing on March 9, 2023.
F8 This option is fully vested as of the date of this report.