Craig D. Cairns - Feb 15, 2022 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Craig D. Cairns
Stock symbol
TRNS
Transactions as of
Feb 15, 2022
Transactions value $
$51,163
Form type
4
Date filed
2/16/2022, 03:20 PM
Previous filing
Sep 9, 2021
Next filing
Sep 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Purchase $51.2K +660 +37.71% $77.52 2.41K Feb 15, 2022 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
holding TRNS Restricted Stock Units 756 Feb 15, 2022 Common Stock, $.50 par value 756 $0.00 Direct F1
holding TRNS Stock Option (Right to Buy) 10K Feb 15, 2022 Common Stock, $.50 par value 10K $47.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units, which convert into common stock on a one-for-one basis, vest on September 8, 2022, except as otherwise provided in the award agreement.
F2 This option vests and becomes exercisable pro rata with respect to one-fifth of the shares subject to the option on the first, second, third, fourth and fifth anniversaries of the date of grant, except as otherwise provided in the award notice.