TRANSCAT INC — Director's Dealing 2010

Apr 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2010-04-05

Reporting Person: HADEED CHARLES P (Director, President, CEO and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-14	Common Stock, $.50 par value	G	500	—	Disposed	92350	Direct
2010-02-05	Common Stock, $.50 par value	G	900	—	Disposed	91583	Direct
2010-04-05	Common Stock, $.50 par value	A	3109	—	Acquired	94692	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$2.20	2013-10-28	Common Stock, $.50 par value (20000)	20000	Direct
Stock Option (Right to Buy)	$2.89	2014-10-18	Common Stock, $.50 par value (20000)	20000	Direct
Stock Option (Right to Buy)	$4.26	2015-08-16	Common Stock, $.50 par value (6103)	6103	Direct
Stock Option (Right to Buy)	$5.68	2016-08-08	Common Stock, $.50 par value (7042)	7042	Direct
Stock Option (Right to Buy)	$5.24	2017-04-10	Common Stock, $.50 par value (100000)	100000	Direct
Stock Option (Right to Buy)	$7.72	2017-07-30	Common Stock, $.50 par value (48128)	48128	Direct

Footnotes

F1: Includes 319 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan between April 2009 and July 2009.

F2: Includes 133 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan between August 2009 and March 2010.

F3: This stock award was granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3.

F4: This option was previously reported by Mr. Hadeed.

F5: This option was previously reported by Mr. Hadeed. Mr. Hadeed can exercise this option as follows: 33,334 shares on 4/10/08, 33,333 shares on 4/10/09, and 33,333 shares on 4/10/10.

F6: This option was previously reported by Mr. Hadeed. Mr. Hadeed can exercise this option as follows: 9,625 shares on 7/30/09, 9,625 shares on 7/30/10 and 28,878 shares on 7/30/11.