TRANSCAT INC — Director's Dealing 2023

May 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2023-05-25

Reporting Person: Conroy Theresa A. (Sr. VP, Human Resources)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-25	Restricted Stock Units	$0	A	2024	Acquired		Common Stock, $.50 par value (2024)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.50 par value	16	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock, $.50 par value (342)	342	Direct
Restricted Stock Units	$0		Common Stock, $.50 par value (633)	633	Direct
Stock Option (Right to Buy)	$63.17	2027-05-25	Common Stock, $.50 par value (2000)	2000	Direct

Footnotes

F1: Includes 3 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.

F2: These restricted stock units convert into common stock on a one-for-one basis.

F3: These restricted stock units 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 March 28, 2026.

F4: These restricted stock units vest on March 30, 2024.

F5: These restricted stock units vest on March 28, 2025.

F6: This option vests and becomes exercisable on May 25, 2025.