Steven A. Demartino - Mar 2, 2023 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Signature
Steven A. DeMartino
Stock symbol
TACT
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 05:10 PM
Previous filing
Mar 3, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TACT Common Stock Options Exercise $0 +940 +1.09% $0.00 87.5K Mar 2, 2023 Direct F2
transaction TACT Common Stock Options Exercise $0 +833 +0.95% $0.00 88.3K Mar 4, 2023 Direct F4, F5

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 Restricted Stock Units Options Exercise $0 -1.55K -25% $0.00 4.65K Mar 2, 2023 Common Stock 1.55K Direct F1
transaction TACT Restricted Stock Units Options Exercise $0 -1.38K -33.33% $0.00 2.75K Mar 4, 2023 Common Stock 1.38K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Restricted Stock Units issued on March 2, 2022 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
F2 Mr. DeMartino relinquished 610 shares of common stock of the 1,550 restricted stock units that converted to common stock on March 2, 2023 in order to pay the required income and payroll taxes.
F3 Shares of Restricted Stock Units issued on March 4, 2021 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
F4 Mr. DeMartino relinquished 542 shares of common stock of the 1,375 restricted stock units that converted to common stock on March 4, 2023 in order to pay the required income and payroll taxes.
F5 Shares of restricted stock units (RSU) vested on 03/04/2023 and issued on 03/06/2023.