John Dillon - Feb 29, 2024 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Role
CEO, Director
Signature
Steven A. DeMartino, Attorney-in-fact
Stock symbol
TACT
Transactions as of
Feb 29, 2024
Transactions value $
$404,600
Form type
4
Date filed
3/4/2024, 04:24 PM
Previous filing
Feb 28, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TACT Common Stock Options Exercise $0 +984 +1.48% $0.00 67.6K Mar 1, 2024 Direct F4
transaction TACT Common Stock Options Exercise $0 +769 +1.14% $0.00 68.4K Mar 2, 2024 Direct F6, F7
transaction TACT Common Stock Options Exercise $0 +677 +0.99% $0.00 69K Mar 4, 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 $405K +59.5K $6.80 59.5K Feb 29, 2024 Common Stock 59.5K $6.80 Direct F2
transaction TACT Restricted Stock Units Award $0 +23.3K $0.00 23.3K Feb 29, 2024 Common Stock 23.3K Direct F1, F3
transaction TACT Restricted Stock Units Options Exercise $0 -1.6K -25% $0.00 4.8K Mar 1, 2024 Common Stock 1.6K Direct F5
transaction TACT Restricted Stock Units Options Exercise $0 -1.25K -33.33% $0.00 2.5K Mar 2, 2024 Common Stock 1.25K Direct F8
transaction TACT Restricted Stock Units Options Exercise $0 -1.1K -50% $0.00 1.1K Mar 4, 2024 Common Stock 1.1K 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.