TRANSCAT INC — Director's Dealing 2022

Sep 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2022-09-07

Reporting Person: Langston Cynthia (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-07	Restricted Stock Units	$0	A	677	Acquired		Common Stock, $.50 par value (677)	Direct
2022-09-07	Stock Option (Right to Buy)	$73.80	A	10000	Acquired	2032-09-07	Common Stock, $.50 par value (10000)	Direct

Footnotes

F1: These restricted stock units, which convert into common stock on a one-for-one basis, were granted in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 7, 2023.

F2: This option was granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vests and becomes exercisable pro rata with respect to one-fifth of the shares subject to the option on the first, second, third, fourth and fifth anniversaries of the date of grant.