INTEST CORP — Director's Dealing 2020

Mar 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEST CORP (INTT)
CIK: 0001036262
Period of Report: 2020-03-09

Reporting Person: PELRIN JAMES (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-09	Common Stock	A	15560	—	Acquired	142708	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-09	Employee Stock Option (right to buy)	$3.69	A	46600	Acquired	2030-03-08	Common Stock (46600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16193.46	Indirect

Footnotes

F1: The shares acquired are restricted shares issued pursuant to the Issuer's Second Amended and Restated 2014 Stock Plan and will vest 25% annually commencing on March 9, 2021.

F2: The information in this report is based on information provided by the third-party Trustee of the inTEST Corporation Incentive Savings Plan ("Plan") as of December 31, 2019. Actions by the Trustee of the Plan to maintain overall Plan liquidity targets over time will result in periodic fluctuations in the number of shares of inTEST Common Stock held by the Plan and allocated among the participants of the Plan (including the reporting person), and are not the result of volitional or discretionary actions of the reporting person.

F3: The option vests in four equal annual installments beginning on March 9, 2021.