TRANSCAT INC — Director's Dealing 2022

May 26, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2022-05-25

Reporting Person: Doheny Mark A. (VP Finance, CFO, and Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-25	Stock Option (Right to Buy)	$63.17	A	6500	Acquired	2032-05-25	Common Stock, $.50 par value (6500)	Direct
2022-05-25	Restricted Stock Units	$0	A	1512	Acquired		Common Stock, $.50 par value (1512)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock, $.50 par value (1681)	1681	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (5012)	5012	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (3000)	3000	Direct

Footnotes

F1: 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 notice, vests on the third anniversary of the date of grant.

F2: These restricted stock units, which convert into common stock on a one-for-one basis, were 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 notice, vest on May 25, 2025.

F3: 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.

F4: 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.

F5: These restricted stock units, which convert into common stock on a one-for-one basis, vest on September 21, 2023, except as otherwise provided in the award notice.