CARL E. SASSANO - 08 Sep 2021 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ James M. Jenkins, Attorney-in-fact for Carl E. Sassano
Issuer symbol
TRNS
Transactions as of
08 Sep 2021
Net transactions value
$0
Form type
4
Filing time
09 Sep 2021, 16:26:06 UTC
Next filing
31 May 2022
SEC
View on sec.gov

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 +1,753 +2.8% $0.000000 65,095 09 Sep 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 $0.000000 756 08 Sep 2021 Common Stock, $.50 par value 756 $0.000000 Direct F2
transaction TRNS Restricted Stock Units Options Exercise $0 -1,753 -100% $0.000000* 0 09 Sep 2021 Common Stock, $.50 par value 1,753 $0.000000 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.