JOHN DILLON - 29 Feb 2024 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Role: CEO, Director
Signature: Steven A. DeMartino, Attorney-in-fact
Issuer symbol: TACT
Transactions as of: 29 Feb 2024
Net transactions value: +$404,600
Form type: 4
Filing time: 04 Mar 2024, 16:24:01 UTC
Previous filing: 28 Feb 2024
Next filing: 06 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TACT	Common Stock	Options Exercise	$0	+984	+1.5%	$0.000000	67,591	01 Mar 2024	Direct	F4
transaction	TACT	Common Stock	Options Exercise	$0	+769	+1.1%	$0.000000	68,360	02 Mar 2024	Direct	F6, F7
transaction	TACT	Common Stock	Options Exercise	$0	+677	+0.99%	$0.000000	69,037	04 Mar 2024	Direct	F10

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	Award	$404,600	+59,500		$6.80	59,500	29 Feb 2024	Common Stock	59,500	$6.80	Direct	F2
transaction	TACT	Restricted Stock Units	Award	$0	+23,300		$0.000000	23,300	29 Feb 2024	Common Stock	23,300		Direct	F1, F3
transaction	TACT	Restricted Stock Units	Options Exercise	$0	-1,600	-25%	$0.000000	4,800	01 Mar 2024	Common Stock	1,600		Direct	F5
transaction	TACT	Restricted Stock Units	Options Exercise	$0	-1,250	-33%	$0.000000	2,500	02 Mar 2024	Common Stock	1,250		Direct	F8
transaction	TACT	Restricted Stock Units	Options Exercise	$0	-1,100	-50%	$0.000000	1,100	04 Mar 2024	Common Stock	1,100		Direct	F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units convert to common stock on a one-for-one basis.
F2	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.
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.
F4	Mr. Dillon relinquished 616 shares of common stock of the 1,600 restricted stock units that converted to common stock on March 1, 2024 in order to pay the required income and payroll taxes.
F5	Shares of Restricted Stock Units issued on March 1, 2023 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.
F6	Shares of restricted stock units (RSU) vested on 03/02/2024 and issued on 03/04/2024.
F7	Mr. Dillon relinquished 481 shares of common stock of the 1,250 restricted stock units that converted to common stock on March 4, 2024 in order to pay the required income and payroll taxes.
F8	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.
F9	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.
F10	Mr. Dillon relinquished 423 shares of common stock of the 1,100 restricted stock units that converted to common stock on March 4, 2024 in order to pay the required income and payroll taxes.