Robert Leasure Jr. - Aug 10, 2024 Form 4 Insider Report for Inotiv, Inc. (NOTV)

Role: President and CEO, Director
Signature: /s/ Beth Taylor, Attorney-in-Fact for Robert Leasure, Jr.
Stock symbol: NOTV
Transactions as of: Aug 10, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/15/2024, 12:11 PM
Previous filing: Feb 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NOTV	Common Stock	Award	$0	+300K	+39.85%	$0.00	1.05M	Aug 10, 2024	Direct	F1, F2
holding	NOTV	Common Stock						105K	Aug 10, 2024	See Footnote	F3

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	NOTV	Employee Stock Option (right to buy)	Award	$0	+300K		$0.00	300K	Aug 10, 2024	Common Stock	300K	$1.61	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units which vest in full on February 1, 2026, subject to continued employment.
F2	This number of shares does not include 66,400 shares that were previously reported as directly owned by the reporting person. Those shares are included in the number of shares shown as indirectly owned by the reporting person on this Form 4 and the Form 4 filed on January 25, 2024.
F3	These shares are held by an entity for which the reporting person is the majority security holder. Except to the extent of his pecuniary interest therein, the reporting person disclaims beneficial ownership of these shares.
F4	This stock option vests over three years as follows: 40% on February 1, 2025, 30% on February 1, 2026 and 30% on February 1, 2027, subject to continued employment.