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TRANSCAT INC Director's Dealing 2019

Jun 5, 2019

32421_dirs_2019-06-05_5def080b-38a6-458c-80e2-c4a6ae01947c.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: 2019-06-03

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-06-03 Common Stock, $.50 par value S 7000 $24.50 Disposed 27103 Direct
2019-06-04 Common Stock, $.50 par value S 1962 $24.70 Disposed 25141 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $0 Common Stock, $.50 par value (2681) 2681 Direct
Restricted Stock Units $0 Common Stock, $.50 par value (2000) 2000 Direct
Restricted Stock Units $0 Common Stock, $.50 par value (4118) 4118 Direct

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.30 to $24.75 per share, inclusive. Mr. Flack undertakes to provide to Transcat, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

F2: These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 26, 2022, except as otherwise provided in the award notice.

F3: These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on each of the first three anniversaries of the June 19, 2017 grant date.

F4: These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 27, 2021 except as otherwise provided in the award notice.