RICHARD J. HARRISON - 07 Sep 2022 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Richard J. Harrison
Issuer symbol
TRNS
Transactions as of
07 Sep 2022
Net transactions value
$0
Form type
4
Filing time
08 Sep 2022, 16:40:13 UTC
Previous filing
10 Aug 2022
Next filing
04 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Options Exercise $0 +756 +2.8% $0.000000 27,526 08 Sep 2022 Direct F1

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 TRNS Restricted Stock Units Award $0 +677 $0.000000 677 07 Sep 2022 Common Stock, $.50 par value 677 $0.000000 Direct F2
transaction TRNS Restricted Stock Units Options Exercise $0 -756 -100% $0.000000* 0 08 Sep 2022 Common Stock, $.50 par value 756 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units convert into common stock on a one-for-one basis.
F2 These restricted stock units, which convert into common stock on a one-for-one basis, were granted in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 7, 2023.
F3 These restricted stock units vested on September 8, 2022.