Steven A. Demartino - Dec 9, 2021 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Signature
Steve A. DeMartino
Stock symbol
TACT
Transactions as of
Dec 9, 2021
Transactions value $
-$110,887
Form type
4
Date filed
12/13/2021, 05:06 PM
Previous filing
May 24, 2021
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TACT Common Stock Options Exercise $2.71K +405 +0.55% $6.70 73.6K Dec 9, 2021 Direct
transaction TACT Common Stock Sale -$4.26K -405 -0.55% $10.51 73.2K Dec 9, 2021 Direct F1
transaction TACT Common Stock Options Exercise $24.7K +3.68K +5.03% $6.70 76.8K Dec 13, 2021 Direct F2

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 TACT Stock Option Options Exercise -$2.71K -405 -2.03% $6.70 19.6K Dec 9, 2021 Common Stock 405 $6.70 Direct
transaction TACT Stock Option Options Exercise -$131K -19.6K -100% $6.70 0 Dec 13, 2021 Common Stock 3.68K $6.70 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of 405 shares in 4 different transactions ranging from $10.50 to $10.52 per share, resulting in a weighted average share price per share of $10.51. For all transactions reported in this Form 4 utilizing a weighted average share price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range.
F2 Represents a "net exercise" of 19,595 outstanding stock options. 15,915 shares were withheld by TransAct Technologies for payment of the exercise price based on the market price of TransAct Technologies stock at the time of the option exercise on December 13, 2021 of $10.31 per share and payment of the required income and payroll taxes.