TRANSCAT INC — Director's Dealing 2021

Nov 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2021-11-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-05	Common Stock, $.50 par value	S	35000	$87.29	Disposed	126385	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock, $.50 par value (4138)	4138	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (16248)	16248	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (9362)	9362	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 August 10, 2021.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.00 to $87.305, inclusive. Mr. Rudow undertakes to provide 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 sold at each separate price within the range set forth in this footnote.

F3: Includes 35 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.

F4: These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 30, 2024, except as otherwise provided in the award notice.

F5: 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.

F6: 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.