Richard J. Harrison - Sep 8, 2021 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ James M. Jenkins, Attorney-in-fact for Richard J. Harrison
Stock symbol
TRNS
Transactions as of
Sep 8, 2021
Transactions value $
$0
Form type
4
Date filed
9/9/2021, 04:25 PM
Previous filing
Aug 3, 2021
Next filing
Nov 12, 2021

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 +5.9% $0.00 31.5K 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
* 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 transaction 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.