4//SEC Filing
Flack Robert A. 4
Accession 0000891839-19-000088
CIK 0000099302other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 5:09 PM ET
Size
14.0 KB
Accession
0000891839-19-000088
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Flack Robert A.
Vice President of Operations
Transactions
- Award
Common Stock, $.50 par value
2019-05-22+12,414→ 29,121 total - Tax Payment
Common Stock, $.50 par value
2019-05-22$24.11/sh−3,980$95,958→ 25,141 total - Award
Restricted Stock Units
2019-05-22+2,681→ 2,681 totalExercise: $0.00→ Common Stock, $.50 par value (2,681 underlying)
Holdings
- 4,118
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (4,118 underlying) - 2,000
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (2,000 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 (6)
- [F1]These shares were awarded to Mr. Flack 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 fiscal 2019. Based on the Company's achievement of certain pre-determined ESP thresholds, Mr. Flack's award vested with respect to 12,414 shares.
- [F2]Includes 132 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan.
- [F3]These shares were withheld to cover related tax withholding obligations.
- [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 from 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 one-third on each of the first three anniversaries of the June 19, 2017 grant date.
- [F6]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 0001641636
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 5:09 PM ET
- Size
- 14.0 KB