TRANSCAT INC — Director's Dealing 2018

May 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2018-05-23

Reporting Person: TSCHIDERER MICHAEL (VP of Finance and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-23	Restricted Stock Units	$0	A	5098	Acquired		Common Stock, $.50 par value (5098)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.50 par value	6113	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$12.00	2022-06-19	Common Stock, $.50 par value (25000)	25000	Direct

Footnotes

F1: Includes 103 shares acquired under the Transcat Inc. Employees' Stock Purchase Plan.

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 on March 27, 2021.