Cairns Craig D. 4
4 · TRANSCAT INC · Filed May 24, 2021
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Cairns Craig D.
Director
Transactions
- Purchase
Common Stock, $.50 par value
2021-05-21$57.85/sh+1,750$101,238→ 1,750 total
Holdings
- 10,000
Stock Option (Right to Buy)
Exercise: $47.14Exp: 2031-05-12→ Common Stock, $.50 par value (10,000 underlying)
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $57.76 to $58.00, inclusive. Mr. Cairns undertakes to provide Transcat, Inc., any security holder of Transcat, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]This option vests and becomes exercisable pro rata with respect to one-fifth of the shares subject to the option on the first, second, third, fourth and fifth anniversaries of the date of grant, except as otherwise provided in the award notice.