SEC Form 4 · accession 0001017303-18-000003
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, 2018
Accepted (ET)
Feb 27, 2018 · 11:34 am 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,F1 | Feb 25, 2018 | A | 2,551 | $0.00 | A | 8,415 | D | |
| Common StockF4,F2 | Feb 26, 2018 | A | 9,973 | $0.00 | A | 18,388 | 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 UnitsF1 | — | Feb 25, 2018 | M | 4,200 | D | — | — | Common Stock | 4,200 | 8,400 | D |
| Deferred Stock UnitsF2 | — | Feb 26, 2018 | M | 16,417 | D | — | — | Common Stock | 16,417 | 19,657 | D |
Explanation of responses
- F1Shares 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.
- F2Represents Deferred Stock Units granted on February 26, 2015 that have converted to common stock on a one-for-one basis.
- F3Mr. Shuldman relinquished 1,649 shares of common stock of the 4,200 restricted stock units that converted to common stock on February 25, 2018 in order to pay required income and payroll taxes.
- F4Mr. Shuldman relinquished 6,444 shares of common stock of the 16,417 deferred stock units that converted to common stock on February 26, 2018 in order to pay required income and payroll taxes.