Scott Deverell - 21 Feb 2023 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Principal Accounting Officer
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Scott Deverell
Issuer symbol
TRNS
Transactions as of
21 Feb 2023
Net transactions value
-$90,350
Form type
4
Filing time
21 Feb 2023, 15:48:34 UTC
Previous filing
26 May 2022
Next filing
26 May 2023
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 Sale $90,350 -1,000 -35% $90.35 1,844 21 Feb 2023 Direct F1, F2

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 274 21 Feb 2023 Common Stock, $.50 par value 274 $0.000000 Direct F3
holding TRNS Restricted Stock Units 325 21 Feb 2023 Common Stock, $.50 par value 325 $0.000000 Direct F4
holding TRNS Restricted Stock Units 1,276 21 Feb 2023 Common Stock, $.50 par value 1,276 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 70 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
F2 Due to an administrative error, the number of shares withheld for taxes on May 25, 2022 was overreported by 37 shares.
F3 These restricted stock units, which convert into common stock on a one-for-one basis, vest on May 25, 2025, except as otherwise provided in the award notice.
F4 These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 30, 2024, except as otherwise provided in the award notice.
F5 These restricted stock units, which convert into common stock on a one-for-one basis, vest on July 21, 2023, except as otherwise provided in the award notice.