Form 4 for TACT TRANSACT TECHNOLOGIES INC
Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-27 · accession 0001567619-22-005899 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-01 | 2022-02-27+ | TACT | SHULDMAN BART C | COB, CEO, Dir | M - OptEx | $1.55 | +12.9K | 99.9K | +15% | +$20.1K |
| DM | 2022-03-01 | 2022-02-27+ | TACT | SHULDMAN BART C | COB, CEO, Dir | M - OptEx | $3.64 | -32.2K | 12.2K | -73% | -$117.2K |
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 | 2022-03-01 | M | A | 1,589 | $0.00 | 96,942 | D | — | — | (F6) Mr. Shuldman relinquished 761 shares of common stock of the 2,350 restricted stock units that converted to common stock on March 1, 2022 in order to pay the required income and payroll taxes. |
| 2 | Common | Common Stock | 2022-02-27 | M | A | 4,245 | $0.00 | 91,244 | D | — | — | (F4) Mr. Shuldman relinquished 2,030 shares of common stock of the 6,275 restricted stock units that converted to common stock on February 27, 2022 in order to pay the required income and payroll taxes. |
| 3 | Common | Common Stock | 2022-02-27 | M | A | 4,109 | $0.00 | 95,353 | D | — | — | (F5) Mr. Shuldman relinquished 1,966 shares of common stock of the 6,075 restricted stock units that converted to common stock on February 27, 2022 in order to pay the required income and payroll taxes. |
| 4 | Common | Common Stock | 2022-03-01 | M | A | 2,995 | $6.70 | 99,937 | D | — | — | (F7) Represents a "net exercise" of 17,500 outstanding stock options. 14,505 shares were withheld by TransAct Technologies for payment of the exercise price based on the market price of TransAct Technologies stock at the time of the option exercise on March 1, 2022 of $8.97 per share and payment of the required income and payroll taxes. |
| 5 | Derivative | Restricted Stock Units | 2022-02-27 | M | D | 6,275 | $0.00 | 6,275 | D | — · — to — | 6,275 Common Stock | (F1) Shares of Restricted Stock Units issued on February 27, 2019 pursuant to the Company's 2014 Equity Incentive Plan, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis. |
| 6 | Derivative | Stock Option | 2022-03-01 | M | D | 17,500 | $6.70 | 0 | D | $6.70 · 2013-03-05 to 2022-03-05 | 17,500 Common Stock | |
| 7 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 2,350 | $0.00 | 0 | D | — · — to — | 2,350 Common Stock | (F3) Shares of Restricted Stock Units issued on March 1, 2018 pursuant to the Company's 2014 Equity Incentive Plan, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis. |
| 8 | Derivative | Restricted Stock Units | 2022-02-27 | M | D | 6,075 | $0.00 | 12,150 | D | — · — to — | 6,075 Common Stock | (F2) Shares of Restricted Stock Units issued on February 27, 2020 pursuant to the Company's 2014 Equity Incentive Plan, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis. |