James M. Jenkins - May 23, 2024 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
May 23, 2024
Transactions value $
-$898,531
Form type
4
Date filed
5/28/2024, 04:30 PM
Previous filing
May 22, 2024
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Sale -$756K -5.51K -77.3% $137.18 1.62K May 23, 2024 Direct F1
transaction TRNS Common Stock, $.50 par value Sale -$142K -1K -100% $142.12 0 May 23, 2024 By spouse F2

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 May 23, 2024 Common Stock, $.50 par value 3.49K $0.00 Direct F3
holding TRNS Restricted Stock Units 1.19K May 23, 2024 Common Stock, $.50 par value 1.19K $0.00 Direct F4
holding TRNS Stock Option (Right to Buy) 3.5K May 23, 2024 Common Stock, $.50 par value 3.5K $63.17 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.13 to $138.98, inclusive. Mr. Jenkins undertakes to provide Transcat, Inc., any security holder of Transcat, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.68 to $142.23. Mr. Jenkins undertakes to provide Transcat, Inc., any security holder of Transcat, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2026, except as otherwise provided in the award notice.
F4 These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2025, except as otherwise provided in the award notice.
F5 This option vests on the third anniversary of the date of grant.