SEC Form 4 · accession 0001017303-18-000040
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
May 22, 2018
Accepted (ET)
May 24, 2018 · 4:23 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 StockF2,F1 | May 22, 2018 | A | 2,663 | $0.00 | A | 27,851 | 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 | — | May 22, 2018 | M | 4,050 | D | — | — | Common Stock | 4,050 | 12,150 | D |
Explanation of responses
- F1Shares of Restricted Stock Units issued on May 22, 2017 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.
- F2Mr. Shuldman relinquished 1,387 shares of common stock of the 4,050 restricted stock units that converted to common stock on May 22, 2018 in order to pay required income and payroll taxes.