BART C. SHULDMAN - 01 Mar 2023 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Signature
Steven A. DeMartino Attorney-in-fact
Issuer symbol
TACT
Transactions as of
01 Mar 2023
Net transactions value
+$398,041
Form type
4
Filing time
03 Mar 2023, 15:55:22 UTC
Previous filing
01 Mar 2023
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TACT Common Stock 125,947 01 Mar 2023 Direct
holding TACT Common Stock 1,500 01 Mar 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 $398,041 +56,300 $7.07 56,300 01 Mar 2023 Common Stock 56,300 $7.07 Direct F1
transaction TACT Restricted Stock Units Award $0 +22,400 $0.000000 22,400 01 Mar 2023 Common Stock 22,400 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.