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TRANSCAT INC — Director's Dealing 2024
May 22, 2024
32421_dirs_2024-05-22_50dd6765-d16e-4c4f-9c52-898836f716ea.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRANSCAT INC (TRNS)
CIK: 0000099302
Period of Report: 2024-05-20
Reporting Person: DEVERELL SCOTT (Principal Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-20 | Common Stock, $.50 par value | A | 419 | — | Acquired | 2386 | Direct |
| 2024-05-20 | Common Stock, $.50 par value | F | 166 | $124.12 | Disposed | 2220 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-20 | Restricted Stock Units | $0 | A | 227 | Acquired | Common Stock, $.50 par value (227) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0 | Common Stock, $.50 par value (209) | 209 | Direct | |
| Restricted Stock Units | $0 | Common Stock, $.50 par value (274) | 274 | Direct |
Footnotes
F1: These shares were awarded to Mr. Deverell upon the vesting of performance-based restricted stock units granted to him under the Transcat, Inc. 2003 Incentive Plan, as amended, in a transaction exempt under Rule 16b-3. The shares underlying this award vested after three years based on the Company's achievement on certain pre-determined earnings per share thresholds over the eligible three-year period that ended in fiscal year 2024.
F2: Includes 15 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
F3: Shares withheld to cover tax withholding obligations on the vesting of performance-based restricted stock units.
F4: 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 March 27, 2027.
F5: These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2026, except as otherwise provided in the award notice.
F6: These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2025, except as otherwise provided in the award notice.