4//SEC Filing
GARELICK E LEE 4
Accession 0000891839-05-000078
CIK 0000099302other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 3:09 PM ET
Size
14.3 KB
Accession
0000891839-05-000078
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
GARELICK E LEE
Director
Transactions
- Award
Warrant (Right to Buy)
2005-08-17+4,000→ 4,000 totalExercise: $4.26Exp: 2010-08-16→ Common Stock, par value $.50 per share (4,000 underlying)
Holdings
- 4,000
Warrant (Right to Buy)
Exercise: $2.00Exp: 2006-08-21→ Common Stock, par value $.50 per share (4,000 underlying) - 276,226
Common Stock, $.50 par value
Footnotes (5)
- [F1]This non-transferable warrant was previously reported by Mr. Garelick. Mr. Garelick 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.
- [F2]This non-transferable warrant was previously reported by Mr. Garelick. Mr. Garelick 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.
- [F3]This non-transferable warrant was previously reported by Mr. Garelick. Mr. Garelick can exercise this warrant pro rata with respect to one-third of the shares subject to the warrant on the first, second and third anniversaries of the 8/20/03 grant date.
- [F4]This non-transferable warrant was previously reported by Mr. Garelick. Mr. Garelick can exercise this warrant pro rata with respect to one-third of the shares subject to the warrant on the first, second and third anniversaries of the 8/18/04 grant date.
- [F5]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. Garelick can exercise this warrant pro rata with respect to one-third of the shares subject to the warrant on the first, second and third anniversaries of the 8/17/05 grant date.
Documents
Issuer
TRANSCAT INC
CIK 0000099302
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001032797
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 3:09 PM ET
- Size
- 14.3 KB