SEC Form 4 · accession 0001545083-16-000001
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
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 6:15 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 Stock | holding | — | — | — | 22,790 | 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 | $7.17 | Feb 25, 2016 | A | 29,500 | A | Feb 25, 2017 | Feb 25, 2026 | Common Stock | 29,500 | 29,500 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 25, 2016 | A | 5,100 | A | — | — | Common Stock | 5,100 | 5,100 | 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 of the date of 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 Unit vests 25% per year on each anniversary of the date of grant.