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TRANSACT TECHNOLOGIES INC — Director's Dealing 2015
Mar 2, 2015
34640_dirs_2015-03-02_57b85de8-d5e0-441a-9129-7592873123a5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRANSACT TECHNOLOGIES INC (TACT)
CIK: 0001017303
Period of Report: 2015-02-26
Reporting Person: DEMARTINO STEVEN A (President, CFO, Treas & Secr)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-26 | Stock Option | $6.76 | A | 40000 | Acquired | 2025-02-26 | Common Stock (40000) | Direct |
| 2015-02-26 | Deferred Stock Unit | $ | A | 7161 | Acquired | Common Stock (7161) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 33112 | Direct |
Footnotes
F1: Grant of non-qualified stock option under the Company's 2014 Equity Incentive Plan. The option becomes exercisable 25% per year on each anniversary of the date of grant.
F2: The Deferred Stock Units convert to common stock on a one-for-one basis.
F3: The Deferred Stock Units were issued pursuant to the Company's 2014 Equity Incentive Plan. Upon the earlier of (i) February 26, 2018, (ii) a change in control event as defined in section 401A of the IRS code and (iii) the date of the Reporting Person's separation of service from the Company, the Company shall transfer to the Reporting Person one share of common stock for each Deferred Stock Unit held by the Reporting Person.