SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SHULDMAN BART C

(Last) (First) (Middle)
ONE HAMDEN CENTER
2319 WHITNEY AVENUE, SUITE 3B

(Street)
HAMDEN CT 06518

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRANSACT TECHNOLOGIES INC [ TACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 4,800 I Daughters
Common Stock 3,750 I Mother
Common Stock 1,500 I Spouse
Common Stock 06/10/2011 M 5,400(1) A $3.7667 22,292 D
Common Stock 06/10/2011 S 5,400(1) D $11.3(3) 16,892 D
Common Stock 06/13/2011 M 4,100(1) A $3.7667 20,992 D
Common Stock 06/13/2011 S 4,100(1) D $11.22(4) 16,892 D
Common Stock 06/14/2011 M 3,000(1) A $3.7667 19,892 D
Common Stock 06/14/2011 M 4,089(2) A $3.7667 23,981 D
Common Stock 06/14/2011 S 3,000(1) D $11.28(5) 20,981 D
Common Stock 06/14/2011 S 4,089(2) D $11.3(6) 16,892 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $3.7667 06/10/2011 M 5,400(1) 05/17/2003 05/17/2012 Common Stock 5,400 $3.7667 88,459 D
Stock Option $3.7667 06/13/2011 M 4,100(1) 05/17/2003 05/17/2012 Common Stock 4,100 $3.7667 84,359 D
Stock Option $3.7667 06/14/2011 M 3,000(1) 05/17/2003 05/17/2012 Common Stock 3,000 $3.7667 81,359 D
Stock Option $3.7667 06/14/2011 M 4,089(2) 05/17/2003 05/17/2012 Common Stock 4,089 $3.7667 77,270 D
Explanation of Responses:
1. Shares sold pursuant to a securities trading plan under Rule 10b5-1 adopted in June 2011.
2. Shares sold pursuant to a securities trading plan under Rule 10b5-1 adopted in March 2010.
3. Represents the sale of 5,400 shares in 11 separate transactions, ranging from $11.20 to $11.47 per share, resulting in a weighted average sale price per share of $11.30. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
4. Represents the sale of 4,100 shares in 12 separate transactions, ranging from $11.17 to $11.39 per share, resulting in a weighted average sale price per share of $11.22. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
5. Represents the sale of 3,000 shares in 6 separate transactions, ranging from $11.18 to $11.31 per share, resulting in a weighted average sale price per share of $11.28. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
6. Represents the sale of 4,089 shares in 2 separate transactions, ranging from $11.30 to $11.32 per share, resulting in a weighted average sale price per share of $11.30. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
Bart C. Shuldman 06/14/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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