SEC Form 4 · accession 0001017303-19-000009
TRANSACT TECHNOLOGIES INC · TACT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Demartino
Officer — President, CFO, Treas. & Secr.
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 6:02 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,F1 | Feb 25, 2019 | A | 4,600 | $0.00 | A | 57,535 | D | |
| Common StockF4,F2 | Feb 25, 2019 | A | 711 | $0.00 | A | 58,246 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1 | — | Feb 25, 2019 | M | 8,574 | D | — | — | Common Stock | 8,574 | 0 | D |
| Restricted Stock UnitsF2 | — | Feb 25, 2019 | M | 1,325 | D | — | — | Common Stock | 1,325 | 1,325 | D |
Explanation of responses
- F1Represents Deferred Stock Units granted on February 25, 2016 that have converted to common stock on a one-for-one basis.
- F2Shares 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.
- F3Mr. DeMartino relinquished 3,974 shares of common stock of the 8,574 deferred stock units that converted to common stock on February 25, 2019 in order to pay the required income and payroll taxes.
- F4Mr. DeMartino relinquished 614 shares of common stock of the 1,325 restricted stock units that converted to common stock on February 25, 2019 in order to pay the required income and payroll taxes.