4//SEC Filing
DEMARTINO STEVEN A 4
Accession 0001017303-25-000021
CIK 0001017303other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:10 PM ET
Size
18.3 KB
Accession
0001017303-25-000021
Insider Transaction Report
Form 4
DEMARTINO STEVEN A
EVP, CFO, Treasurer and Secrtr
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+2,075→ 113,347 total - Exercise/Conversion
Common Stock
2025-03-01+7,630→ 122,952 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−2,075→ 6,225 total→ Common Stock (2,075 underlying) - Exercise/Conversion
Performance Stock Units
2025-03-01−7,630→ 7,629 total→ Common Stock (7,630 underlying) - Exercise/Conversion
Common Stock
2025-03-02+1,550→ 124,502 total - Exercise/Conversion
Restricted Stock Units
2025-03-01−1,975→ 3,950 total→ Common Stock (1,975 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-02−1,550→ 1,550 total→ Common Stock (1,550 underlying) - Exercise/Conversion
Common Stock
2025-03-01+1,975→ 115,322 total
Footnotes (4)
- [F1]Shares of Restricted Stock Units issued on February 29, 2024 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis
- [F2]Shares of Restricted Stock Units issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis
- [F3]Shares of Performance Stock Units (PSU) issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended, which vest in three equal installments on March 1, 2024, March 1, 2025 and March 1, 2026 and convert to common stock on a one-for-one basis on each vesting date. The PSUs were earned on a variable basis dependent upon level of achievement against a performance metric, which was based on 50% FST Revenue and 50% Adjusted EBITDA for the calendar year 2023. For the FST Revenue metric we achieved 90.6% of the Target resulting in a 81.2% payout. For the Adjusted EDBITDA metric we achieved 136.5% of the target resulting in the maximum 150% payout. Weighting both of these equally at 50%, the resulting payout was 115.6%.
- [F4]Shares of Restricted Stock Units issued on March 2, 2022 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
Documents
Issuer
TRANSACT TECHNOLOGIES INC
CIK 0001017303
Entity typeother
Related Parties
1- filerCIK 0001245709
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:10 PM ET
- Size
- 18.3 KB