Charles P. Hadeed - Aug 12, 2021 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role: Director
Signature: /s/ James M. Jenkins, Attorney-in-fact for Charles P. Hadeed
Stock symbol: TRNS
Transactions as of: Aug 12, 2021
Transactions value $: -$680,000
Form type: 4
Date filed: 8/16/2021, 04:20 PM
Next filing: Sep 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRNS	Common Stock, $.50 par value	Sale	-$443K	-6.52K	-15.9%	$68.00	34.5K	Aug 12, 2021	Direct
transaction	TRNS	Common Stock, $.50 par value	Sale	-$237K	-3.48K	-10.09%	$68.00	31K	Aug 13, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	TRNS	Restricted Stock Units						1.75K	Aug 12, 2021	Common Stock, $.50 par value	1.75K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.01, inclusive. Mr. Hadeed undertakes to provide Transcat, Inc., any security holder of Transcat, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	These restricted stock units, which convert into common stock on a one-for-one basis, vest on September 9, 2021, except as otherwise provided in the award notice.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.01, inclusive. Mr. Hadeed undertakes to provide Transcat, Inc., any security holder of Transcat, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

These restricted stock units, which convert into common stock on a one-for-one basis, vest on September 9, 2021, except as otherwise provided in the award notice.