Home/Filings/4/0000891839-04-000127
4//SEC Filing

MURPHY CORNELIUS J 4

Accession 0000891839-04-000127

CIK 0000099302other

Filed

Aug 19, 8:00 PM ET

Accepted

Aug 20, 3:57 PM ET

Size

18.8 KB

Accession

0000891839-04-000127

Insider Transaction Report

Form 4
Period: 2004-08-18
Transactions
  • Award

    Warrant (Right to Buy)

    2004-08-18+4,0004,000 total
    Exercise: $2.88Exp: 2009-08-17Common Stock, par value $.50 per share (4,000 underlying)
Holdings
  • Warrant (Right to Buy)

    Exercise: $2.91From: 2004-08-16Exp: 2005-08-15Common Stock, par value $.50 per share (4,000 underlying)
    4,000
  • Common Stock, $.50 par value

    64,128
Footnotes (6)
  • [F1]Mr. Murphy has elected to defer receipt of 5,266 of these shares, all of which are credited to his participant stock account under the Transcat, Inc. Amended and Restated Directors' Stock Plan, until the expiration of the deferral period, at which time the shares will be issued to him 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: 8/22/01--$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.
  • [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: 8/20/02--$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.
  • [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: 8/20/03--$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.
  • [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: 8/18/04--$3.50; 1/1/05--$5.00; 1/1/06--$6.50; 1/1/07--$7.00; to the extent such market price requirements are not satisfied, the balance of the option becomes exercisable on 8/18/08.

Issuer

TRANSCAT INC

CIK 0000099302

Entity typeother

Related Parties

1
  • filerCIK 0001231776

Filing Metadata

Form type
4
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 3:57 PM ET
Size
18.8 KB