TRANSACT TECHNOLOGIES INC — Director's Dealing 2016

Feb 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSACT TECHNOLOGIES INC (TACT)
CIK: 0001017303
Period of Report: 2016-02-25

Reporting Person: DEMARTINO STEVEN A (President, CFO, Treas. & Secr.)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-25	Stock Option	$7.17	A	30700	Acquired	2026-02-25	Common Stock (30700)	Direct
2016-02-25	Restricted Stock Units	$	A	5300	Acquired		Common Stock (5300)	Direct
2016-02-25	Deferred Stock Units	$	A	8574	Acquired		Common Stock (8574)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37630	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 Restricted Stock Units convert to common stock on a one-for-one basis.

F3: The Restricted Stock Units were issued pursuant to the Company's 2014 Equity Incentive Plan. The Restricted Stock Unit vests 25% per year on each anniversary of the date of grant.

F4: The Deferred Stock Units convert to common stock on a one-for-one basis.

F5: The Deferred Stock units were issued pursuant to the Company's 2014 Equity Incentive Plan. Upon the earlier of (i) February 25, 2019, (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.