TRANSCAT INC — Director's Dealing 2023

Jul 25, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2023-07-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-21	Common Stock, $.50 par value	M	16248	—	Acquired	146626	Direct
2023-07-21	Common Stock, $.50 par value	F	6069	$84.88	Disposed	140557	Direct
2023-07-21	Common Stock, $.50 par value	S	5089	$84.88	Disposed	135468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-21	Restricted Stock Units	$0	M	16248	Disposed		Common Stock, $.50 par value (16248)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock, $.50 par value (8785)	8785	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (3483)	3483	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (4138)	4138	Direct
Stock Option (Right to Buy)	$63.17	2027-05-25	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: Includes 7 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.

F3: Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.

F4: These restricted stock units vested on July 21, 2023.

F5: These restricted stock units vest on March 28, 2026, except as otherwise provided in the award notice.

F6: These restricted stock units vest on March 28, 2025, except as otherwise provided in the award notice.

F7: These restricted stock units vest on March 30, 2024, except as otherwise provided in the award notice.

F8: This option vests on the third anniversary of the date of grant, except as otherwise provided in the award notice.