Lee D. Rudow - 30 Mar 2024 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
President and CEO, Director
Signature
/s/ James M. Jenkins, Attorney-in-Fact for Lee D. Rudow
Issuer symbol
TRNS
Transactions as of
30 Mar 2024
Net transactions value
-$438,811
Form type
4
Filing time
02 Apr 2024, 16:31:24 UTC
Previous filing
05 Feb 2024
Next filing
22 May 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 +4,138 +4% $0.000000 107,626 30 Mar 2024 Direct F1, F2
transaction TRNS Common Stock, $.50 par value Tax liability $174,388 -1,565 -1.5% $111.43 106,061 30 Mar 2024 Direct F3
transaction TRNS Common Stock, $.50 par value Sale $264,423 -2,373 -2.2% $111.43 103,688 30 Mar 2024 Direct

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 -4,138 -100% $0.000000* 0 30 Mar 2024 Common Stock, $.50 par value 4,138 $0.000000 Direct F1, F4
holding TRNS Restricted Stock Units 8,785 30 Mar 2024 Common Stock, $.50 par value 8,785 $0.000000 Direct F1, F5
holding TRNS Restricted Stock Units 3,483 30 Mar 2024 Common Stock, $.50 par value 3,483 $0.000000 Direct F1, F6
holding TRNS Stock Option (Right to Buy) 10,000 30 Mar 2024 Common Stock, $.50 par value 10,000 $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 10 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 May 25, 2025, except as otherwise provided in the award notice.