Thomas L. Barbato - 25 May 2023 Form 4 Insider Report for TRANSCAT INC (TRNS)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TRNS	Restricted Stock Units	Award	$0	+3,686	$0.000000	3,686	25 May 2023	Common Stock, $.50 par value	3,686	$0.000000	Direct	F1, F2
holding	TRNS	Restricted Stock Units					766	25 May 2023	Common Stock, $.50 par value	766	$0.000000	Direct	F1, F3
holding	TRNS	Restricted Stock Units					1,417	25 May 2023	Common Stock, $.50 par value	1,417	$0.000000	Direct	F1, F4
holding	TRNS	Stock Option (Right to Buy)					6,000	25 May 2023	Common Stock, $.50 par value	6,000	$90.92	Direct	F5
holding	TRNS	Stock Option (Right to Buy)					5,000	25 May 2023	Common Stock, $.50 par value	5,000	$63.17	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	These restricted stock units convert into common stock on a one-for-one basis.
F2	These restricted stock units were granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 28, 2026.
F3	These restricted stock units vest on March 30, 2024, except as otherwise provided in the award notice.
F4	These restricted stock units vest on March 28, 2025, except as otherwise provided in the award notice.
F5	This option vests and becomes exercisable pro rata with respect to one-third of the shares subject to the option on the first, second, and third anniversaries of the date of grant.
F6	This option vests and becomes exercisable on the third anniversary of the date of grant.