TRANSCAT INC — Director's Dealing 2014

Feb 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2014-02-17

Reporting Person: HADEED CHARLES P (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-16	Common Stock, $.50 par value	G	3000	—	Disposed	122145	Direct
2014-02-17	Common Stock, $.50 par value	M	20000	$2.89	Acquired	142145	Direct
2014-02-17	Common Stock, $.50 par value	F	6283	$9.20	Disposed	135862	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-17	Stock Option (Right to Buy)	$2.89	M	20000	Disposed	2014-10-18	Common Stock, $.50 par value (20000)	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 (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: Previously acquired shares tendered to the Issuer in payment of the exercise price.

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