Christopher P. Gillette - 06 Sep 2023 Form 4/A - Amendment Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Christopher P. Gillette
Issuer symbol
TRNS
Transactions as of
06 Sep 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
24 Oct 2023, 16:32:21 UTC
Date Of Original Report
08 Sep 2023
Next filing
09 Sep 2024

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 Stock Option (Right to Buy) Award $0 +10,000 $0.000000 10,000 06 Sep 2023 Common Stock, $.50 par value 10,000 $109.55 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed to report the stock option grant. Due to an administrative error, this grant was inadvertently omitted from the initial Form 4 filing.
F2 This option was 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, 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.