Paul R. Johnston - May 23, 2024 Form 4 Insider Report for EXPONENT INC (EXPO)

Role
Director
Signature
By: Wendy Whitehouse For: Paul R. Johnston
Stock symbol
EXPO
Transactions as of
May 23, 2024
Transactions value $
-$396,362
Form type
4
Date filed
5/24/2024, 02:59 PM
Previous filing
Jun 9, 2023
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPO Common Stock Options Exercise $74.3K +2.56K +3.23% $29.05 81.8K May 23, 2024 Direct
transaction EXPO Common Stock Sale -$243K -2.56K -3.13% $95.11 79.2K May 23, 2024 Direct
transaction EXPO Common Stock Options Exercise $100K +3.44K +4.34% $29.05 82.7K May 23, 2024 Direct
transaction EXPO Common Stock Sale -$327K -3.44K -4.16% $95.11 79.2K May 23, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXPO Incentive Stock Option (right to buy) Options Exercise -3.44K -100% 0 May 23, 2024 Common Stock 3.44K $29.05 Direct F1, F2, F3
transaction EXPO Non-Qualified Stock Option (right to buy) Options Exercise -2.56K -5.74% 42K May 23, 2024 Common Stock 2.56K $29.05 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Per 10b5-1 trading plan entered into on Feb. 2, 2024.
F2 The stock option becomes exercisable in four equal annual installments.
F3 Not applicable.