| Accession Number: | 0001062993-22-013598 |
| Date: | 2022-05-25 |
| Issuer: | TRANSCAT INC (TRNS) |
| Original Submission Date: |
JENKINS JAMES M.
C/O 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 | 0 | $0.00 | 3,664 | direct | ||||
| COMMON STOCK, $.50 PAR VALUE | 2022-05-25 | 0 | $0.00 | 1,000 | indirect |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY) | 63.17 | 2022-05-25 | deemed execution date | A | 3,500 (a) | 2032-05-25 | common stock, $.50 par value 3,500 | $63.17 | 3,500 | direct | ||
| RESTRICTED STOCK UNITS | 0.0 | 2022-05-25 | deemed execution date | A | 1,188 (a) | common stock, $.50 par value 1,188 | $0.00 | 1,188 | direct | |||
| RESTRICTED STOCK UNITS | 0.0 | deemed execution date | 0 ( ) | common stock, $.50 par value 1,411 | $0.00 | 1,411 | direct | |||||
| RESTRICTED STOCK UNITS | 0.0 | deemed execution date | 0 ( ) | common stock, $.50 par value 4,379 | $0.00 | 4,379 | direct |
| ID | footnote |
|---|---|
| f1 | 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 notice, vests on the third anniversary of the date of grant. |
| f2 | 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. |
| f3 | 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. |
| f4 | 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. |
