secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001437749-22-006292
Event type: other
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

inTEST sets 2022 executive comp plan with CEO base $391,875, CFO base $260,000
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- CEO Grant target bonus 70% of base; CFO Gilmour target 55% of base; performance thresholds based on revenue/EBITDA matrix.
- CEO gets 13,664 time-vested RSUs, 13,662 performance RSUs, and 25,692 options (exercise price $9.76).
- CFO gets 6,832 time-vested RSUs, 6,831 performance RSUs, and 12,848 options; performance RSUs tied to 3-year organic revenue CAGR.
- Non-employee directors each granted 9,000 time-vested RSUs vesting quarterly through Dec 31, 2022.
- Bonus component includes financial performance of 2021 acquisitions (Acculogic, Videology, North Sciences) with weighted factors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774922006292/0001437749-22-006292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774922006292/intt20220314_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-006292

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer