TSCHIDERER MICHAEL 4
4 · TRANSCAT INC · Filed Jun 8, 2020
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
TSCHIDERER MICHAEL
VP of Finance and CFO
Transactions
- Tax Payment
Common Stock, $.50 par value
2020-06-04$26.29/sh−1,619$42,564→ 19,945 total - Award
Common Stock, $.50 par value
2020-06-04+3,944→ 21,564 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) - 3,419
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (3,419 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 this award vested after three years based on the Company's achievement on certain pre-determined earnings per share thresholds over the eligible three-year period that ended in fiscal year 2020.
- [F2]Includes 52 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan.
- [F3]These shares were withheld to cover related tax witholding obligations.
- [F4]These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 26, 2022 except as otherwise provided in the award notice.
- [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.