TRANSCAT INC — Director's Dealing 2011

Feb 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2011-01-31

Reporting Person: SASSANO CARL E (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-31	Common Stock, $.50 par value	S	2292	$7.98	Disposed	188629	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$4.26	2015-08-16	Common Stock, $.50 par value (10895)	10895	Direct
Stock Option (Right to Buy)	$5.68	2016-08-08	Common Stock, $.50 par value (8803)	8803	Direct
Stock Option (Right to Buy)	$7.72	2017-07-30	Common Stock, $.50 par value (60160)	60160	Direct

Footnotes

F1: This option was previously reported by Mr. Sassano.

F2: This option was previously reported by Mr. Sassano. Mr. Sassano can exercise this option as follows: 12,032 shares on 7/30/09, 12,032 shares on 7/30/10 and 36,096 shares on 7/30/11.