TRANSACT TECHNOLOGIES INC — Director's Dealing 2023

Mar 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSACT TECHNOLOGIES INC (TACT)
CIK: 0001017303
Period of Report: 2023-03-01

Reporting Person: 325 CAPITAL LLC (N/A)
Reporting Person: Braner Michael David (N/A)
Reporting Person: FRIEDBERG DANIEL M. (N/A)
Reporting Person: Shrivastava Anil K (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Restricted Stock Units	$	A	6400	Acquired		Common Stock (6400)	Indirect

Footnotes

F1: The Restricted Stock Units convert to common stock on a one-for-one basis.

F2: The Restricted Stock Units were issued pursuant to the TransAct Technologies Incorporated 2014 Equity Incentive Plan, as Amended and Restated. The Restricted Stock Units vest 25% per year on each anniversary of the date of grant.

F3: This Report is filed jointly by 325 Capital LLC, a Delaware limited liability company ("325 Capital"), Michael D. Braner, a citizen of the United States of America, Daniel M. Friedberg, a citizen of the United States of America, and Anil K. Shrivastava, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in the securities reported on this Form 4 (the "Subject Securities"). The Subject Securities are owned directly by Daniel M. Friedberg, a Managing Partner of 325 Capital who serves on the board of directors of TransAct Technologies Incorporated (the "Company"). The other Reporting Persons may be deemed "directors by deputization" of the Company. (Footnote continued in 4)

F4: (Continued from Footnote 3) 325 Capital, as the investment adviser to an affiliated investment fund that is entitled to receive all of the economic interest in securities granted to Mr. Friedberg by the Company in respect of his service on the board of directors, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. By virtue of their position as Managing Partners of 325 Capital, Messrs. Braner and Shrivastava may be deemed to be beneficial owners of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act. Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.