TRANSCAT INC — Director's Dealing 2012

Mar 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2012-02-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-29	Common Stock, $.50 par value	S	3900	$11.56	Disposed	156221	Direct
2012-02-29	Common Stock, $.50 par value	J	16100	$11.56	Disposed	140121	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: These shares were sold under the terms of the Transcat, Inc. 2009 Insider Stock Sales 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 a participant's agreement to purchase shares offered by the selling participant.

F2: 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.

F3: This option was previously reported by Mr. Sassano.