TRANSCAT INC — Director's Dealing 2023

Sep 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2023-09-06

Reporting Person: Cairns Craig D. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-07	Common Stock, $.50 par value	M	677	—	Acquired	3843	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-06	Restricted Stock Units	$0	A	456	Acquired		Common Stock, $.50 par value (456)	Direct
2023-09-07	Restricted Stock Units	$0	M	677	Disposed		Common Stock, $.50 par value (677)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$47.14	2031-05-12	Common Stock, $.50 par value (10000)	10000	Direct

Footnotes

F1: These restricted stock units convert into common stock on a one-for-one basis.

F2: These restricted stock units were granted in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 6, 2024.

F3: These restricted stock units vested on September 7, 2023.

F4: This option 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, except as otherwise provided in the award agreement.