Cairns Craig D. 4
4 · TRANSCAT INC · Filed Sep 9, 2021
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Cairns Craig D.
Director
Transactions
- Award
Restricted Stock Units
2021-09-08+756→ 756 totalExercise: $0.00→ Common Stock, $.50 par value (756 underlying)
Holdings
- 1,750
Common Stock, $.50 par value
- 10,000
Stock Option (Right to Buy)
Exercise: $47.14Exp: 2031-05-12→ Common Stock, $.50 par value (10,000 underlying)
Footnotes (2)
- [F1]These restricted stock units, which convert into common stock on a one-for-one basis, were granted in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 8, 2022.
- [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.