Brent Richstmeier - 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
+$88,375
Form type
4
Filing time
03 Mar 2023, 15:57:29 UTC
Previous filing
04 Mar 2022
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TACT Common Stock 0 01 Mar 2023 Direct

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 Sotck Option Award $88,375 +12,500 $7.07 12,500 01 Mar 2023 Common Stock 12,500 $7.07 Direct F1
transaction TACT Restricted Stock Units Award $0 +5,000 $0.000000 5,000 01 Mar 2023 Common Stock 5,000 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.