Michael W. West - 28 Mar 2025 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Chief Operating Officer
Signature
/s/ Scott D. Deverell, Attorney-in-Fact for Michael W. West
Issuer symbol
TRNS
Transactions as of
28 Mar 2025
Transactions value $
-$32,746
Form type
4
Filing time
01 Apr 2025, 16:34:46 UTC
Previous filing
22 May 2024
Next filing
29 May 2025
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 +871 +3.48% $0.00 25.9K 28 Mar 2025 Direct F1, F2
transaction TRNS Common Stock, $.50 par value Tax liability -$32.7K -449 -1.73% $72.93 25.5K 28 Mar 2025 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 -871 -100% $0.00 0 28 Mar 2025 Common Stock, $.50 par value 871 $0.00 Direct F1, F4
holding TRNS Restricted Stock Units 2K 28 Mar 2025 Common Stock, $.50 par value 2K $0.00 Direct F1, F5
holding TRNS Restricted Stock Units 916 28 Mar 2025 Common Stock, $.50 par value 916 $0.00 Direct F1, F6
holding TRNS Restricted Stock Units 1K 28 Mar 2025 Common Stock, $.50 par value 1K $0.00 Direct F1, F7
holding TRNS Restricted Stock Units 725 28 Mar 2025 Common Stock, $.50 par value 725 $0.00 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Includes 54 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
F3 Shares withheld to cover tax withholding obligations on the vesting of RSUs.
F4 These RSUs vested on March 28, 2025.
F5 These RSUs vest on April 8 2027, except as otherwise provided in the award notice.
F6 These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.
F7 These RSUs vest on March 28, 2026, except as otherwise provided in the award notice.
F8 These RSUs vest on March 28, 2026, except as otherwise provided in the award notice.