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TRANSCAT INC Director's Dealing 2012

Dec 21, 2012

32421_dirs_2012-12-21_4b833dc1-bc83-4e4a-ac2a-69ced6e682bd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2012-12-19

Reporting Person: HADEED CHARLES P (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-19 Common Stock, $.50 par value J 16137 $6.82 Disposed 112552 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
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: These shares were repurchased by the Issuer under the terms of the Transcat, Inc. Executive Officer and Director Share Repurchase Plan. The price per share is the weighted average closing price per share of the Issuer's common stock on the NASDAQ Global Market over the twenty (20) trading days following the Issuer's acceptance of the repurchase request and is not more than 15% higher than the closing price on the last day of the twenty (20) trading day period. Mr. Hadeed entered into this transaction for tax planning purposes.

F2: This option was previously reported by Mr. Hadeed.