Oksana S. Dominach - Sep 8, 2021 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role: Director
Signature: James M. Jenkins, as Attorney-in-fact for Oksana S. Dominach
Stock symbol: TRNS
Transactions as of: Sep 8, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/9/2021, 04:20 PM
Next filing: Sep 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRNS	Common Stock, $.50 par value	Options Exercise	$0	+1.75K		$0.00	1.75K	Sep 9, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TRNS	Restricted Stock Units	Award	$0	+756		$0.00	756	Sep 8, 2021	Common Stock, $.50 par value	756	$0.00	Direct	F2
transaction	TRNS	Restricted Stock Units	Options Exercise	$0	-1.75K	-100%	$0.00^*	0	Sep 9, 2021	Common Stock, $.50 par value	1.75K	$0.00	Direct	F1, F3
holding	TRNS	Stock Option (Right to Buy)						10K	Sep 8, 2021	Common Stock, $.50 par value	10K	$26.27	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted stock units convert into common stock on a one-for-one basis.
F2	These restricted stock units, which convert into common stock on a one-for-one basis, were granted in a transcation exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 8, 2022.
F3	These restricted stock units vested on September 9, 2021.
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 notice.