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TRANSCAT INC Director's Dealing 2020

Dec 10, 2020

32421_dirs_2020-12-10_fb2d2e5f-59d8-459b-b3f3-2fb95311927d.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: 2020-12-08

Reporting Person: Rudow Lee D. (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-12-08 Common Stock, $.50 par value S 2000 $35 Disposed 171587 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $0 Common Stock, $.50 par value (16248) 16248 Direct
Restricted Stock Units $0 Common Stock, $.50 par value (9362) 9362 Direct
Restricted Stock Units $0 Common Stock, $.50 par value (6830) 6830 Direct
Stock Option (Right to Buy) $12.00 2022-06-19 Common Stock, $.50 par value (50000) 50000 Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 18, 2019.

F2: These restricted stock units, which convert into common stock on a one-for-one basis, vest on July 21, 2023, 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 on March 26, 2022, except as otherwise provided in the award notice.

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.