James M. Jenkins - 23 May 2024 Form 4 Insider Report for TRANSCAT INC (TRNS)

Signature
/s/ James M. Jenkins
Issuer symbol
TRNS
Transactions as of
23 May 2024
Net transactions value
-$898,531
Form type
4
Filing time
28 May 2024, 16:30:26 UTC
Previous filing
22 May 2024
Next filing
03 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Sale $756,411 -5,514 -77% $137.18 1,619 23 May 2024 Direct F1
transaction TRNS Common Stock, $.50 par value Sale $142,120 -1,000 -100% $142.12 0 23 May 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 3,485 23 May 2024 Common Stock, $.50 par value 3,485 $0.000000 Direct F3
holding TRNS Restricted Stock Units 1,188 23 May 2024 Common Stock, $.50 par value 1,188 $0.000000 Direct F4
holding TRNS Stock Option (Right to Buy) 3,500 23 May 2024 Common Stock, $.50 par value 3,500 $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.