TRANSCAT INC 4
4 · TRANSCAT INC · Filed May 21, 2015
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Zimmer John J
VP of Finance and CFO
Transactions
- Award
Common Stock, $.50 par value
2015-05-19+5,746→ 59,124 total
Holdings
- 30,080
Stock Option (Right to Buy)
Exercise: $7.72From: 2011-07-30Exp: 2017-07-30→ Common Stock, $.50 par value (30,080 underlying)
Footnotes (2)
- [F1]These shares were awarded to Mr. Zimmer upon the vesting of a performance-based restricted stock award granted to him on 4/2/12 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 2015. Based on the Company's achievement of certain pre-determined EPS thresholds, Mr. Zimmer's award vested with respect to 5,746 shares.
- [F2]This option was previously reported by Mr. Zimmer.