SEC Form 4 · accession 0001017303-17-000006
TRANSACT TECHNOLOGIES INC · TACT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bart C Shuldman
Officer — Chairman and CEO · Director
Period of report
Feb 25, 2017
Accepted (ET)
Mar 1, 2017 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001017303
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | Feb 25, 2017 | A | 4,200 | $0.00 | A | 8,150 | D | |
| Common StockF2,F1 | Feb 27, 2017 | A | 3,664 | $0.00 | A | 11,814 | D | |
| Common Stock | holding | — | — | — | 4,800 | I | Daughters | |
| Common Stock | holding | — | — | — | 3,750 | I | Mother | |
| Common Stock | holding | — | — | — | 1,500 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Feb 25, 2017 | M | 4,200 | D | — | — | Common Stock | 4,200 | 12,600 | D |
| Deferred Stock UnitsF1 | — | Feb 27, 2017 | M | 6,032 | D | — | — | Common Stock | 6,032 | 36,074 | D |
Explanation of responses
- F1Represents Deferred Stock Units granted on February 27, 2014 that have converted to common stock on a one-for-one basis.
- F2Mr. Shuldman relinquished 2,368 shares of common stock of the 6,032 deferred stock units that converted to common stock on February 27, 2017 in order to pay required income and payroll taxes.
- F3Shares of Restricted Stock Units issued on February 25, 2016 pursuant to the Company's 2014 Equity Incentive Plan, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.