Tanniru Michael 4
4 · INTEST CORP · Filed May 10, 2023
Insider Transaction Report
Form 4
INTEST CORPINTT
Tanniru Michael
Div. President, Envir. Tech.
Transactions
- Award
Common Stock
2023-05-08+1,564→ 1,564 total - Award
Common Stock
2023-05-08+1,563→ 3,127 total - Award
Common Stock
2023-05-08+3,518→ 6,645 total - Award
Employee Stock Option (Right to Buy)
2023-05-08+2,688→ 2,688 totalExercise: $21.32Exp: 2033-05-07→ Common Stock (2,688 underlying)
Footnotes (4)
- [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.