Steven A. DeMartino - 27 Feb 2025 Form 4 Insider Report for TRANSACT TECHNOLOGIES INC (TACT)

Role: President, CFO, Treas. & Secr.
Signature: STEVEN A DEMARTINO
Issuer symbol: TACT
Transactions as of: 27 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2025, 19:10:55 UTC
Previous filing: 05 Dec 2024
Next filing: 05 Mar 2025
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	+2,075	+1.9%	$0.000000	113,347	28 Feb 2025	Direct
transaction	TACT	Common Stock	Options Exercise	$0	+1,975	+1.7%	$0.000000	115,322	01 Mar 2025	Direct
transaction	TACT	Common Stock	Options Exercise	$0	+7,630	+6.6%	$0.000000	122,952	01 Mar 2025	Direct
transaction	TACT	Common Stock	Options Exercise	$0	+1,550	+1.3%	$0.000000	124,502	02 Mar 2025	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	Restricted Stock Units	Options Exercise	$0	-2,075	-25%	$0.000000	6,225	28 Feb 2025	Common Stock	2,075		Direct	F1
transaction	TACT	Restricted Stock Units	Options Exercise	$0	-1,975	-33%	$0.000000	3,950	01 Mar 2025	Common Stock	1,975		Direct	F2
transaction	TACT	Performance Stock Units	Options Exercise	$0	-7,630	-50%	$0.000000	7,629	01 Mar 2025	Common Stock	7,630		Direct	F3
transaction	TACT	Restricted Stock Units	Options Exercise	$0	-1,550	-50%	$0.000000	1,550	02 Mar 2025	Common Stock	1,550		Direct	F4

* 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 February 29, 2024 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	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
F3	Shares of Performance Stock Units (PSU) issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended, which vest in three equal installments on March 1, 2024, March 1, 2025 and March 1, 2026 and convert to common stock on a one-for-one basis on each vesting date. The PSUs were earned on a variable basis dependent upon level of achievement against a performance metric, which was based on 50% FST Revenue and 50% Adjusted EBITDA for the calendar year 2023. For the FST Revenue metric we achieved 90.6% of the Target resulting in a 81.2% payout. For the Adjusted EDBITDA metric we achieved 136.5% of the target resulting in the maximum 150% payout. Weighting both of these equally at 50%, the resulting payout was 115.6%.
F4	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.