Home/Filings/4/0000891839-03-000041
4//SEC Filing

MURPHY CORNELIUS J 4

Accession 0000891839-03-000041

CIK 0000099302other

Filed

Aug 20, 8:00 PM ET

Accepted

Aug 21, 7:25 PM ET

Size

11.6 KB

Accession

0000891839-03-000041

Insider Transaction Report

Form 4
Period: 2003-08-19
Transactions
  • Award

    Common Stock, $.50 par value

    2003-08-19+3,06664,128 total
  • Award

    Warrant (Right to Buy)

    2003-08-20+4,0004,000 total
    Exercise: $2.31Exp: 2008-08-19Common Stock, par value $.50 per share (4,000 underlying)
Holdings
  • Warrant (Right to Buy)

    Exercise: $3.06From: 2003-08-18Exp: 2004-08-17Common Stock, par value $.50 per share (4,000 underlying)
    4,000
Footnotes (6)
  • [F1]Automatic grant pursuant to the Transcat, Inc. Directors' Stock Plan in a transaction exempt under Rule 16b-3. For awards granted after 4/1/02, Mr. Murphy has elected to defer receipt of all shares credited to his participant stock account under the Directors' Stock Plan until the expiration of the deferral period, at which time the shares will be issued pursuant to the terms of his prior election.
  • [F2]This non-transferable warrant was previously reported by Mr. Murphy.
  • [F3]This non-transferable warrant was previously reported by Mr. Murphy. Mr. Murphy can exercise this warrant in cumulative increments of 1,000 shares after each of the following dates, providing the market price of the Company's Common Stock meets or exceeds, for 20 of 30 consecutive trading days, the following respective amounts: 8/16/00--$5.50; 1/1/01--$7.50; 1/1/02--$10.50; 1/1/03--$15.00; to the extent such market price requirements are not satisfied, the balance of the warrant becomes exercisable on 8/16/04.
  • [F4]This non-transferable warrant was previously reported by Mr. Murphy. Mr. Murphy can exercise this warrant in cumulative increments of 1,000 shares after each of the following dates, providing the market price of the Company's Common Stock meets or exceeds, for 20 of 30 consecutive trading days, the following respective amounts: 8/22/01--$3.50; 1/1/02--$6.00; 1/1/03--$9.00; 1/1/04--$13.50; to the extent such market price requirements are not satisfied, the balance of the warrant becomes exercisable on 8/22/05.
  • [F5]This non-transferable warrant was previously reported by Mr. Murphy. Mr. Murphy can exercise this warrant in cumulative increments of 1,000 shares after each of the following dates, providing the market price of the Company's Common Stock meets or exceeds, for 20 of 30 consecutive trading days, the following respective amounts: 8/20/02--$2.25; 1/1/03--$3.50; 1/1/04--$5.25; 1/1/05--$7.50; to the extent such market price requirements are not satisfied, the balance of the option becomes exercisable on 8/20/06.
  • [F6]This non-transferable warrant was granted under the Transcat, Inc. Amended and Restated Directors' Warrant Plan in a transaction exempt under Rule 16b-3. Mr. Murphy can exercise this warrant in cumulative increments of 1,000 shares after each of the following dates, providing the market price of the Company's Common Stock meets or exceeds, for 20 of 30 consecutive trading days, the following respective amounts: 8/20/03--$3.50; 1/1/04--$5.00; 1/1/05--$6.50; 1/1/06--$7.00; to the extent such market price requirements are not satisfied, the balance of the option becomes exercisable on 8/20/07.

Issuer

TRANSCAT INC

CIK 0000099302

Entity typeother

Related Parties

1
  • filerCIK 0001231776

Filing Metadata

Form type
4
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 7:25 PM ET
Size
11.6 KB