James M. Jenkins - 08 Nov 2023 Form 4 Insider Report for TRANSCAT INC (TRNS)

Signature
/s/ James M. Jenkins
Issuer symbol
TRNS
Transactions as of
08 Nov 2023
Net transactions value
-$104,650
Form type
4
Filing time
09 Nov 2023, 16:30:56 UTC
Previous filing
06 Sep 2023
Next filing
13 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Sale $104,650 -1,150 -18% $91.00 5,299 08 Nov 2023 Direct F1
holding TRNS Common Stock, $.50 par value 1,000 08 Nov 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 3,485 08 Nov 2023 Common Stock, $.50 par value 3,485 $0.000000 Direct F2, F3
holding TRNS Restricted Stock Units 1,188 08 Nov 2023 Common Stock, $.50 par value 1,188 $0.000000 Direct F2, F4
holding TRNS Restricted Stock Units 1,411 08 Nov 2023 Common Stock, $.50 par value 1,411 $0.000000 Direct F2, F5
holding TRNS Stock Option (Right to Buy) 3,500 08 Nov 2023 Common Stock, $.50 par value 3,500 $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.