TRANSACT TECHNOLOGIES INC — Director's Dealing 2020

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSACT TECHNOLOGIES INC (TACT)
CIK: 0001017303
Period of Report: 2020-02-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-27	Common Stock	A	1194	$0.00	Acquired	66457	Direct
2020-03-01	Common Stock	A	402	$0.00	Acquired	66859	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-27	Restricted Stock Units	$	M	2225	Disposed		Common Stock (2225)	Direct
2020-02-27	Stock Option	$9.80	A	26900	Acquired	2030-02-27	Common Stock (26900)	Direct
2020-02-27	Restricted Stock Units	$	A	8600	Acquired		Common Stock (8600)	Direct
2020-03-01	Restricted Stock Units	$	M	750	Disposed		Common Stock (750)	Direct

Footnotes

F1: Shares of Restricted Stock Units issued on February 27, 2019 pursuant to the Company's 2014 Equity Incentive Plan, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.

F2: Shares of Restricted Stock Units issued on March 1, 2018 pursuant to the Company's 2014 Equity Incentive Plan, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.

F3: Grant of the non-qualified stock option under the Company's 2014 Equity Incentive Plan. The option becomes exercisable 25% per year on each anniversary date of the grant.

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

F5: The Restricted Stock Units were issued pursuant to the Company's 2014 Equity Incentive Plan. The Restricted Stock Units vest 25% per year on each anniversary of the date of grant.

F6: Mr. DeMartino relinquished 1,031 shares of common stock of the 2,225 restricted stock units that converted to common stock on February 27, 2020 in order to pay the required income and payroll taxes.

F7: Mr. DeMartino relinquished 348 shares of common stock of the 750 restricted stock units that converted to common stock on March 1, 2020 in order to pay the required income and payroll taxes.