TRANSCAT INC — Director's Dealing 2020

Mar 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2020-03-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-13	Common Stock, $.50 par value	P	300	$25.29	Acquired	17568	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
Stock Option (Right to Buy)	$12.00	2022-06-19	Common Stock, $.50 par value (25000)	25000	Direct

Footnotes

F1: The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.87 to $25.50, inclusive. Mr. Tschiderer undertakes to provide to Transcat, Inc., any security holder of Transcat, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2: Includes 190 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan.

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.