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

Role
Director
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Craig D. Cairns
Issuer symbol
TRNS
Transactions as of
15 Feb 2022
Net transactions value
+$51,163
Form type
4
Filing time
16 Feb 2022, 15:20:17 UTC
Previous filing
09 Sep 2021
Next filing
08 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Purchase $51,163 +660 +38% $77.52 2,410 15 Feb 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 15 Feb 2022 Common Stock, $.50 par value 756 $0.000000 Direct F1
holding TRNS Stock Option (Right to Buy) 10,000 15 Feb 2022 Common Stock, $.50 par value 10,000 $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.