SEC Form 4 · accession 0000891839-18-000049
TRANSCAT INC · TRNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Tschiderer
Officer — VP of Finance and CFO
Period of report
May 23, 2018
Accepted (ET)
May 25, 2018 · 4:59 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 | — | — | — | 6,113 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | May 23, 2018 | A | 5,098 | A | — | — | Common Stock, $.50 par value | 5,098 | 5,098 | D |
| Stock Option (Right to Buy) | $12.00 | holding | — | — | — | Jun 19, 2017 | Jun 19, 2022 | Common Stock, $.50 par value | 25,000 | 25,000 | D |
Explanation of responses
- F1Includes 103 shares acquired under the Transcat Inc. Employees' Stock Purchase Plan.
- F2These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 27, 2021.