Langston Cynthia 4
4 · TRANSCAT INC · Filed Sep 8, 2022
Insider Transaction Report
Form 4
TRANSCAT INCTRNS
Langston Cynthia
Director
Transactions
- Award
Stock Option (Right to Buy)
2022-09-07+10,000→ 10,000 totalExercise: $73.80Exp: 2032-09-07→ Common Stock, $.50 par value (10,000 underlying) - Award
Restricted Stock Units
2022-09-07+677→ 677 totalExercise: $0.00→ Common Stock, $.50 par value (677 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 7, 2023.
- [F2]This option was granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, 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.