4//SEC Filing
Zimmer John J 4
Accession 0000891839-09-000028
CIK 0000099302other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 5:30 PM ET
Size
9.6 KB
Accession
0000891839-09-000028
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Zimmer John J
VP of Finance and CFO
Transactions
- Award
Common Stock, $.50 par value
2009-04-06+6,485→ 4,393 total
Holdings
- 10,000
Stock Option (Right to Buy)
Exercise: $5.80Exp: 2016-08-02→ Common Stock, $.50 par value (10,000 underlying) - 30,080
Stock Option (Right to Buy)
Exercise: $7.72Exp: 2017-07-30→ Common Stock, $.50 par value (30,080 underlying)
Footnotes (5)
- [F1]This performance-based restricted stock award was granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3. The award vests after three years subject to the company achieving specific cumulative fully-diluted earnings per share objectives over the eligible three-year period ending in fiscal year 2012. At such time, Mr. Zimmer will receive a percentage of the award if the company meets certain pre-determined earnings per share thresholds. Failure to achieve the minimum threshold will result in no shares awarded. Accordingly, the award is not included in the amount of securities beneficially owned by Mr. Zimmer following the grant.
- [F2]Mr. Zimmer voluntarily reported the grant of a performance-based restricted stock award of 6,000 shares on 5/5/08. The amount of securities beneficially owned by Mr. Zimmer following the grant has been corrected to exclude this performance-based award.
- [F3]Includes 822 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan between June 2008 and March 2009.
- [F4]This option was previously reported by Mr. Zimmer. Mr. Zimmer can exercise this option as follows: 3,334 shares on 8/02/07, 3,333 shares on 8/02/08, and 3,333 shares on 8/02/09.
- [F5]This option was previously reported by Mr. Zimmer. Mr. Zimmer can exercise this option as follows: 6,016 shares on 7/30/09, 6,016 shares on 7/30/10 and 18,048 shares on 7/30/11.
Documents
Issuer
TRANSCAT INC
CIK 0000099302
Entity typeother
Related Parties
1- filerCIK 0001364384
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 5:30 PM ET
- Size
- 9.6 KB