TRANSCAT INC — Director's Dealing 2017

Jun 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2017-06-19

Reporting Person: Flack Robert A. (VP Service Sales & Operations)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-19	Stock Option (Right to Buy)	$12.00	A	25000	Acquired	2022-06-19	Common Stock, $.50 par value (25000)	Direct
2017-06-19	Restricted Stock Units	$0	A	3000	Acquired		Common Stock, $.50 par value (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.50 par value	7178	Direct

Footnotes

F1: This option was granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3 and vests immediately.

F2: These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest one-third on each of the first three anniversaries of the 6/19/2017 grant date.