Rudow Lee D. 4

4 · TRANSCAT INC · Filed May 22, 2024

Form 4

Period: 2024-05-20

Chief Operating Officer

Transactions

Award
Common Stock, $.50 par value
2024-05-20+5,336→ 109,028 total
Tax Payment
Common Stock, $.50 par value
2024-05-20$124.12/sh−1,993$247,371→ 107,035 total
Sale
Common Stock, $.50 par value
2024-05-20$124.12/sh−3,343$414,933→ 103,692 total
Award
Restricted Stock Units
2024-05-20+3,925→ 3,925 total
Exercise: $0.00→ Common Stock, $.50 par value (3,925 underlying)

Holdings

Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (3,483 underlying)
3,483
Restricted Stock Units
Exercise: $0.00→ Common Stock, $.50 par value (8,785 underlying)
8,785
Stock Option (Right to Buy)
Exercise: $63.17Exp: 2027-05-25→ Common Stock, $.50 par value (10,000 underlying)
10,000

Footnotes (7)

[F1]These shares were awarded to Mr. Rudow upon the vesting of performance-based restricted stock units 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 2024.
[F2]Includes 4 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
[F3]Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
[F4]These restricted stock units, which convert into common stock on a one-for-one basis, were 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 notice, vest on March 27, 2027.
[F5]These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2026, except as otherwise provided in the award notice.
[F6]These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2025, except as otherwise provided in the award notice.
[F7]This option vests on May 25, 2025, except as otherwise provided in the award notice.

Documents

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