Mark A. Doheny - 30 Mar 2024 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Chief Operating Officer
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Mark A. Doheny
Issuer symbol
TRNS
Transactions as of
30 Mar 2024
Net transactions value
-$88,253
Form type
4
Filing time
02 Apr 2024, 16:32:11 UTC
Previous filing
21 Sep 2023
SEC
View on sec.gov

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 +1,681 +35% $0.000000 6,462 30 Mar 2024 Direct F1, F2
transaction TRNS Common Stock, $.50 par value Tax liability $88,253 -792 -12% $111.43 5,670 30 Mar 2024 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 -1,681 -100% $0.000000* 0 30 Mar 2024 Common Stock, $.50 par value 1,681 $0.000000 Direct F1, F4
holding TRNS Restricted Stock Units 1,132 30 Mar 2024 Common Stock, $.50 par value 1,132 $0.000000 Direct F1, F5
holding TRNS Restricted Stock Units 1,512 30 Mar 2024 Common Stock, $.50 par value 1,512 $0.000000 Direct F1, F6
holding TRNS Stock Option (Right to Buy) 6,500 30 Mar 2024 Common Stock, $.50 par value 6,500 $63.17 Direct F7
* 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 45 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 March 30, 2024.
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 This option vests on the third anniversary of the date of grant.