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TRANSCAT INC Director's Dealing 2022

Aug 2, 2022

32421_dirs_2022-08-02_ec9accfa-14d2-47fc-910a-f3b12b4610db.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2022-08-01

Reporting Person: Barbato Thomas L (Sr. VP Finance & CFO)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $90.92 2027-01-03 Common Stock, $.50 par value (6000) Direct
Restricted Stock Units $0 Common Stock, $.50 par value (766) Direct
Restricted Stock Units $0 Common Stock, $.50 par value (1417) Direct

Footnotes

F1: This option was granted on January 3, 2022 under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vests and becomes exercisable pro rata with respect to one-third of the shares subject to the option on the first, second, and third anniversaries of the date of grant.

F2: These restricted stock units, which convert into common stock on a one-for-one basis, were granted on January 3, 2022 under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 30, 2024.

F3: These restricted stock units, which convert into common stock on a one-for-one basis, were granted on May 25, 2022 under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 28, 2025.