Cairns Craig D. 4
4 · TRANSCAT INC · Filed Feb 16, 2022
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Cairns Craig D.
Director
Transactions
- Purchase
Common Stock, $.50 par value
2022-02-15$77.52/sh+660$51,163→ 2,410 total
Holdings
- 10,000
Stock Option (Right to Buy)
Exercise: $47.14Exp: 2031-05-12→ Common Stock, $.50 par value (10,000 underlying) - 756
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (756 underlying)
Footnotes (2)
- [F1]These restricted stock units, which convert into common stock on a one-for-one basis, vest on September 8, 2022, except as otherwise provided in the award agreement.
- [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.