SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Nolen Scott Eric

(Last) (First) (Middle)
C/O INTEST CORP
804 EAST GATE DR, SUITE 200

(Street)
MT. LAUREL NJ 08054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTEST CORP [ INTT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Division Pres-Process Tech
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/28/2023 F 247(1) D $19 24,672.418(2) D
Common Stock 04/28/2023 F 219(3) D $19 24,453.418 D
Common Stock 04/29/2023 F 107(4) D $19 24,346.418 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $16.06 (5) 03/07/2033 Common Stock 3,936 3,936 D
Employee Stock Option (right to buy) $8.14 (6) 04/27/2032 Common Stock 14,680 14,680 D
Employee Stock Option (right to buy) $13.13 (7) 04/27/2031 Common Stock 10,000 10,000 D
Employee Stock Option (right to buy) $3.2 (8) 04/28/2030 Common Stock 5,140 5,140 D
Employee Stock Option (right to buy) $4.53 (9) 07/30/2029 Common Stock 10,300 10,300 D
Explanation of Responses:
1. Shares withheld to cover tax withholding obligations upon the vesting of Mr. Nolen's April 28, 2022 time-vested restricted stock award.
2. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan.
3. Shares withheld to cover tax withholding obligations upon the vesting of Mr. Nolen's April 28, 2021 time-vested restricted stock award.
4. Shares withheld to cover tax withholding obligations upon the vesting of Mr. Nolen's April 29, 2020 time-vested restricted stock award.
5. This option vests in four equal annual installments commencing on March 8, 2024.
6. This option vests in four equal annual installments commencing on April 28, 2023.
7. This option vests in four equal annual installments commencing on April 28, 2022.
8. This option vests in four equal annual installments commencing on April 29, 2021.
9. This option vests in four equal annual installments commencing on July 31, 2020.
/s/ Scott Eric Nolen 05/02/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.