4//SEC Filing
TSCHIDERER MICHAEL 4
Accession 0000891839-19-000086
CIK 0000099302other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 5:06 PM ET
Size
12.4 KB
Accession
0000891839-19-000086
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
TSCHIDERER MICHAEL
VP of Finance and CFO
Transactions
- Award
Common Stock, $.50 par value
2019-05-22+15,569→ 22,572 total - Award
Restricted Stock Units
2019-05-22+3,419→ 3,419 totalExercise: $0.00→ Common Stock, $.50 par value (3,419 underlying) - Tax Payment
Common Stock, $.50 par value
2019-05-22$24.11/sh−5,494$132,460→ 17,078 total
Holdings
- 5,098
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (5,098 underlying) - 25,000
Stock Option (Right to Buy)
Exercise: $12.00From: 2017-06-19Exp: 2022-06-19→ Common Stock, $.50 par value (25,000 underlying)
Footnotes (5)
- [F1]These shares were awarded to Mr. Tschiderer upon the vesting of a performance-based restricted stock award granted to him under the Transcat, Inc. 2003 Incentive Plan, as amended, 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 (ESP) objectives over the eligible three-year period that ended in fiscal year 2019. Based on the Company's achievement of certain pre-determined ESP thresholds, Mr. Tschiderer's award vested with respect to 15,569 shares.
- [F2]These shares were withheld to cover related tax witholding obligations.
- [F3]Includes 166 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan.
- [F4]These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Transcat, Inc. 2003 Incentive Plan, as amended, in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 26, 2022.
- [F5]These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 27, 2021 except as otherwise provided in the award notice.
Documents
Issuer
TRANSCAT INC
CIK 0000099302
Entity typeother
Related Parties
1- filerCIK 0001208627
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 5:06 PM ET
- Size
- 12.4 KB