SEC Form 4 · accession 0000891839-17-000100
TRANSCAT INC · TRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee D. Rudow
Officer — President and CEO · Director
Period of report
Jun 19, 2017
Accepted (ET)
Jun 20, 2017 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000099302
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.50 par valueF1 | holding | — | — | — | 61,930 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $12.00 | Jun 19, 2017 | A | 50,000 | A | Jun 19, 2017 | Jun 19, 2022 | Common Stock, $.50 par value | 50,000 | 50,000 | D |
| Stock Option (Right to Buy)F3 | $7.57 | holding | — | — | — | — | Jul 30, 2023 | Common Stock, $.50 par value | 99,000 | 99,000 | D |
Explanation of responses
- F1Includes 1,206 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan.
- F2This option was granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3 and vests immediately.
- F3This option was previously reported by Mr. Rudow and is exercisable as follows: 20,000 shares on 7/30/2015, 20,000 shares on 7/30/2016, and 60,000 shares on 7/30/2017.