Mark A. Doheny - Sep 21, 2023 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Chief Operating Officer
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Mark A. Doheny
Stock symbol
TRNS
Transactions as of
Sep 21, 2023
Transactions value $
-$144,096
Form type
4
Date filed
9/21/2023, 04:44 PM
Previous filing
Jul 25, 2023
Next filing
Apr 2, 2024

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 +3K +97.98% $0.00 6.06K Sep 21, 2023 Direct F1, F2
transaction TRNS Common Stock, $.50 par value Tax liability -$144K -1.33K -21.87% $108.67 4.74K Sep 21, 2023 Direct F3

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 Options Exercise $0 -3K -100% $0.00* 0 Sep 21, 2023 Common Stock, $.50 par value 3K $0.00 Direct F1, F4
holding TRNS Restricted Stock Units 1.13K Sep 21, 2023 Common Stock, $.50 par value 1.13K $0.00 Direct F1, F5
holding TRNS Restricted Stock Units 1.51K Sep 21, 2023 Common Stock, $.50 par value 1.51K $0.00 Direct F1, F6
holding TRNS Restricted Stock Units 1.68K Sep 21, 2023 Common Stock, $.50 par value 1.68K $0.00 Direct F1, F7
holding TRNS Stock Option (Right to Buy) 6.5K Sep 21, 2023 Common Stock, $.50 par value 6.5K $63.17 Direct F8
* 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 Includes 15 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
F3 Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
F4 These restricted stock units vested on September 21, 2023.
F5 These restricted stock units vest on March 28, 2026, except as otherwise provided in the award notice.
F6 These restricted stock units vest on March 28, 2025, except as otherwise provided in the award notice.
F7 These restricted stock units vest on March 30, 2024, except as otherwise provided in the award notice.
F8 This option vests on the third anniversary of the date of grant.