TRANSCAT INC — Director's Dealing 2020

Jun 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2020-06-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-08	Common Stock, $.50 par value	M	25000	$12	Acquired	44945	Direct
2020-06-08	Common Stock, $.50 par value	F	16387	$28.12	Disposed	28558	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-08	Stock Option (Right to Buy)	$12.00	M	25000	Disposed	2022-06-19	Common Stock, $.50 par value (25000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock, $.50 par value (3419)	3419	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (5098)	5098	Direct

Footnotes

F1: These shares were withheld to cover related tax witholding obligations.

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 on March 27, 2021 except as otherwise provided in the award notice.