James M. Jenkins - Nov 8, 2023 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Chief Legal & Corp Dev Officer
Signature
/s/ James M. Jenkins
Stock symbol
TRNS
Transactions as of
Nov 8, 2023
Transactions value $
-$104,650
Form type
4
Date filed
11/9/2023, 04:30 PM
Previous filing
Sep 6, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Sale -$105K -1.15K -17.83% $91.00 5.3K Nov 8, 2023 Direct F1
holding TRNS Common Stock, $.50 par value 1K Nov 8, 2023 By spouse

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 3.49K Nov 8, 2023 Common Stock, $.50 par value 3.49K $0.00 Direct F2, F3
holding TRNS Restricted Stock Units 1.19K Nov 8, 2023 Common Stock, $.50 par value 1.19K $0.00 Direct F2, F4
holding TRNS Restricted Stock Units 1.41K Nov 8, 2023 Common Stock, $.50 par value 1.41K $0.00 Direct F2, F5
holding TRNS Stock Option (Right to Buy) 3.5K Nov 8, 2023 Common Stock, $.50 par value 3.5K $63.17 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 51 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
F2 These restricted stock units convert into common stock on a one-for-one basis.
F3 These restricted stock units vest on March 28, 2026, 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 These restricted stock units vest on March 30, 2024, except as otherwise provided in the award notice.
F6 This option vests on the third anniversary of the date of grant.