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4//SEC Filing

Hennessy John P. 4

Accession 0000891839-12-000040

CIK 0000099302other

Filed

May 22, 8:00 PM ET

Accepted

May 23, 5:10 PM ET

Size

8.3 KB

Accession

0000891839-12-000040

Insider Transaction Report

Form 4
Period: 2012-05-21
Hennessy John P.
Vice President of Sales
Transactions
  • Award

    Common Stock, $.50 par value

    2012-05-21+3,59816,458 total
Holdings
  • Stock Option (Right to Buy)

    Exercise: $6.00From: 2012-01-29Exp: 2018-01-29Common Stock, $.50 par value (10,000 underlying)
    10,000
  • Stock Option (Right to Buy)

    Exercise: $6.75From: 2012-05-05Exp: 2018-05-05Common Stock, $.50 par value (13,110 underlying)
    13,110
Footnotes (2)
  • [F1]These shares were awarded to Mr. Hennessy upon the vesting of a performance-based restricted stock award granted to him on 4/6/09 under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3. The shares underlying the award vest after three years subject to the Company achieving specific cumulative fully-diluted earnings per share (EPS) objectives over the eligible three-year period ending in fiscal year 2012. Based on the Company's achievement of certain pre-determined EPS thresholds, Mr. Hennessy's award vested with respect to 3,598 shares.
  • [F2]This option was previously reported by Mr. Hennessy.

Issuer

TRANSCAT INC

CIK 0000099302

Entity typeother

Related Parties

1
  • filerCIK 0001491982

Filing Metadata

Form type
4
Filed
May 22, 8:00 PM ET
Accepted
May 23, 5:10 PM ET
Size
8.3 KB