SEC Form 4 · accession 0001017303-17-000036
TRANSACT TECHNOLOGIES INC · TACT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Newmark
Officer — EVP, Sales & Marketing
Period of report
May 22, 2017
Accepted (ET)
May 24, 2017 · 2:06 pm EDT
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 Stock | holding | — | — | — | 41,165 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $8.30 | May 22, 2017 | A | 24,700 | A | May 22, 2018 | May 22, 2027 | Common Stock | 24,700 | 24,700 | D |
| Restricted Stock UnitsF2,F3 | — | May 22, 2017 | A | 4,900 | A | — | — | Common Stock | 4,900 | 4,900 | D |
Explanation of responses
- F1Grant of non-qualified stock option under the Company's 2014 Equity Incentive Plan. The option becomes exercisable 25% per year on each anniversary date of the grant.
- F2The Restricted Stock Units convert to common stock on a one-for-one basis.
- F3The Restricted Stock Units were issued pursuant to the Company's 2014 Equity Incentive Plan. The Restricted Stock Units vest 25% per year on each anniversary of the date of grant.