Form 4 for TRNS TRANSCAT INC
Accepted 2024-05-22 00:00:00 ET · period of report 2024-05-20 · accession 0001062993-24-010965 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-05-22 | 2024-05-20 | TRNS | Rudow Lee D. | Pres, CEO, Dir | S - Sale | $124.12 | -3,343 | 103.7K | -3% | -$414.9K |
| D | 2024-05-22 | 2024-05-20 | TRNS | Rudow Lee D. | Pres, CEO, Dir | A - Grant | $0.00 | +5,336 | 109.0K | +5% | $0 |
| D | 2024-05-22 | 2024-05-20 | TRNS | Rudow Lee D. | Pres, CEO, Dir | F - Tax | $124.12 | -1,993 | 107.0K | -2% | -$247.4K |
| D | 2024-05-22 | 2024-05-20 | TRNS | Rudow Lee D. | Pres, CEO, Dir | A - Grant | $0.00 | +3,925 | 3,925 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.50 par value | 2024-05-20 | S | D | 3,343 | $124.12 | 103,692 | D | — | — | |
| 2 | Common | Common Stock, $.50 par value | 2024-05-20 | A | A | 5,336 | $0.00 | 109,028 | D | — | — | (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. |
| 3 | Common | Common Stock, $.50 par value | 2024-05-20 | F | D | 1,993 | $124.12 | 107,035 | D | — | — | (F3) Shares withheld to cover tax withholding obligations on the vesting of restricted stock units. |
| 4 | Derivative | Restricted Stock Units | 2024-05-20 | A | A | 3,925 | $0.00 | 3,925 | D | $0.00 · — to — | 3,925 Common Stock, $.50 par value | (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. |