Accession Number: | 0001062993-22-013599 |
Date: | 2022-05-25 |
Issuer: | TRANSCAT INC (TRNS) |
Original Submission Date: |
DEVERELL SCOTT
TRANSCAT, INC.
35 VANTAGE POINT DRIVE
ROCHESTER, NY 14624
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK, $.50 PAR VALUE | 2022-05-25 | A | 582 | a | $0.00 | 2,971 | direct | ||
COMMON STOCK, $.50 PAR VALUE | 2022-05-25 | F | 234 | d | $63.17 | 2,737 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2022-05-25 | deemed execution date | A | 274 (a) | common stock, $.50 par value 274 | $0.00 | 274 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | deemed execution date | 0 ( ) | common stock, $.50 par value 325 | $0.00 | 325 | direct | |||||
RESTRICTED STOCK UNITS | 0.0 | deemed execution date | 0 ( ) | common stock, $.50 par value 1,276 | $0.00 | 1,276 | direct |
ID | footnote |
---|---|
f1 | these shares were awarded to mr. deverell upon the vesting of a performance-based restricted stock award 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 2022. |
f2 | includes 10 shares acquired under the transcat, inc. employee stock purchase plan. |
f3 | these shares were withheld to cover related tax withholding obligations. |
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 may 25, 2025. |
f5 | these restricted stock units, which convert into common stock on a one-for-one basis, vest on march 30, 2024, 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 july 21, 2023, except as otherwise provided in the award notice. |