4//SEC Filing
West Michael W. 4
Accession 0000891839-21-000171
CIK 0000099302other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 4:19 PM ET
Size
10.8 KB
Accession
0000891839-21-000171
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
West Michael W.
Chief Operating Officer
Transactions
- Award
Common Stock, $.50 par value
2021-05-19+2,192→ 20,064 total - Tax Payment
Common Stock, $.50 par value
2021-05-19$47.47/sh−969$45,998→ 19,095 total
Holdings
- 4,062
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (4,062 underlying) - 25,000
Stock Option (Right to Buy)
Exercise: $12.00Exp: 2022-06-19→ Common Stock, $.50 par value (25,000 underlying) - 2,341
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (2,341 underlying)
Footnotes (5)
- [F1]These shares were awarded to Mr. West 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 2021.
- [F2]These shares were withheld to cover related tax withholding obligations.
- [F3]These restricted stock units, which convert into common stock on a one-for-one basis, vest on July 21, 2023, except as otherwise provided in the award notice.
- [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]This option has fully vested as of the date of this report.
Documents
Issuer
TRANSCAT INC
CIK 0000099302
Entity typeother
Related Parties
1- filerCIK 0001783788
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 4:19 PM ET
- Size
- 10.8 KB