Christopher P. Gillette - 06 Sep 2024 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ Scott D. Deverell, Attorney-in-Fact for Christopher P. Gillette
Issuer symbol
TRNS
Transactions as of
06 Sep 2024
Net transactions value
$0
Form type
4
Filing time
09 Sep 2024, 16:31:37 UTC
Previous filing
24 Oct 2023
Next filing
11 Sep 2024
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 +456 $0.000000 456 06 Sep 2024 Direct F1

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 -456 -100% $0.000000 0 06 Sep 2024 Common Stock, $.50 par value 456 $0.000000 Direct F1, F2
holding TRNS Stock Option (Right to Buy) 10,000 06 Sep 2024 Common Stock, $.50 par value 10,000 $109.55 Direct F3
* 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 These restricted stock units vested on September 6, 2024.
F3 This option vests and becomes exercisable pro rata with respect to one-fifth of the shares subject to the option on the first, second, third, fourth and fifth anniversaries of the date of grant, except as otherwise provided in the award agreement.