Bart C. Shuldman - Mar 1, 2023 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Role
CEO, Director, 10%+ Owner
Signature
Steven A. DeMartino Attorney-in-fact
Stock symbol
TACT
Transactions as of
Mar 1, 2023
Transactions value $
$398,041
Form type
4
Date filed
3/3/2023, 03:55 PM
Previous filing
Mar 1, 2023
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TACT Common Stock 126K Mar 1, 2023 Direct
holding TACT Common Stock 1.5K Mar 1, 2023 Spouse

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 Options Award $398K +56.3K $7.07 56.3K Mar 1, 2023 Common Stock 56.3K $7.07 Direct F1
transaction TACT Restricted Stock Units Award $0 +22.4K $0.00 22.4K Mar 1, 2023 Common Stock 22.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of the non-qualified stock option under the Company's 2014 Equity Incentive Plan, as Amended and Restated. The option becomes exercisable 25% per year on each anniversary date of the grant.
F2 The Restricted Stock Units convert to common stock on a one-for-one basis.
F3 The Restricted Stock Units were issued pursuant to the TransAct Technologies Incorporated 2014 Equity Incentive Plan, as Amended and Restated. The Restricted Stock Units vest 25% per year on each anniversary of the date of grant.