INTEST CORP — Director's Dealing 2004

Sep 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEST CORP (INTT)
CIK: 0001036262
Period of Report: 2004-09-01

Reporting Person: SLAYTON GREGORY W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-01	Common Stock	M	1500	$3.04	Acquired	16500	Direct
2004-09-01	Common Stock	S	1300	$7.25	Disposed	15200	Direct
2004-09-01	Common Stock	S	100	$7.26	Disposed	15100	Direct
2004-09-01	Common Stock	S	100	$7.28	Disposed	15000	Direct
2004-09-01	Common Stock	S	1100	$7.3	Disposed	13900	Direct
2004-09-01	Common Stock	S	100	$7.31	Disposed	13800	Direct
2004-09-01	Common Stock	S	300	$7.33	Disposed	13500	Direct
2004-09-01	Common Stock	S	100	$7.38	Disposed	13400	Direct
2004-09-01	Common Stock	S	100	$7.48	Disposed	13300	Direct
2004-09-01	Common Stock	S	100	$7.5	Disposed	13200	Direct
2004-09-01	Common Stock	S	100	$7.51	Disposed	13100	Direct
2004-09-01	Common Stock	S	100	$7.54	Disposed	13000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-01	Non-Qualified Stock Options (Right to Buy)	$3.04	M	1500	Disposed	2013-02-23	Common Stock (1500)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to an amended and restated Rule 10b5-1 trading plan adopted by the reporting person on August 26, 2004.

F2: The option was vested 50% upon grant, with the remaining 50% vesting in annual increments of 25% each beginning February 24, 2004.