Harbert Discovery Fund, LP - Feb 1, 2022 Form 3 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Role
10%+ Owner
Signature
Harbert Discovery Fund, LP, By: Harbert Discovery Fund GP, LLC, its General Partner, By: Harbert Management Corporation, its Managing Member, By: /s/ John McCullough, Executive Vice President and General Counsel
Stock symbol
TACT
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
3
Date filed
2/10/2022, 04:00 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TACT Common Stock, $0.01 par value 640K Feb 1, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held by Harbert Discovery Fund, LP (the "Fund"). Harbert Discovery Fund GP, LLC (the "Fund GP") is the general partner of the Fund. Harbert Fund Advisors, Inc. is the investment adviser to the Fund. Harbert Management Corporation ("HMC") is the managing member of the Fund GP. Jack Bryant is a Senior Advisor to the Fund, and a Vice President and Senior Managing Director of HMC. Kenan Lucas is the managing director and portfolio manager of the Fund. Raymond Harbert is the controlling shareholder, Chairman and Chief Executive Officer of HMC.

Remarks:

The Reporting Persons do not individually or collectively beneficially own more than 10% of the outstanding common stock of the Issuer. The Reporting Persons are filing this Form 3 because they may be deemed to be members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock. The Reporting Persons expressly disclaim beneficial ownership of the securities beneficially owned by the other group members. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.