X0303 4 2009-04-28 0 0000927355 TESSCO TECHNOLOGIES INC TESS 0001229721 REIN DOUGLAS A 11126 MCCORMICK ROAD HUNT VALLEY MD 21031 0 1 0 0 Sr. VP Common Stock 2009-04-28 4 M 0 5250 A 28222 D Common Stock 2009-04-28 4 M 0 5000 A 33222 D Performance Share Unit 2009-04-28 4 M 0 5250 D Common Stock 5250 5250 D Performance Share Unit 2009-04-28 4 A 0 20000 A Common Stock 20000 25250 D Performance Share Unit 2009-04-28 4 M 0 5000 D Common Stock 5000 20250 D A Performance Share Unit, sometimes referred to as a Performance Stock Unit or PSU, represents the conditional right to receive one share of Common Stock. PSUs granted in May 2006 resulted in the earning, with respect to the fiscal year ended March 2007 and based on the extent to which certain performance criteria were satisfied during fiscal year 2007, of the right to receive 21,000 shares of Common Stock. Once earned, the PSUs vest and are paid through the issuance of shares of Common Stock in four approximately equal annual installments commencing on or about May 1, 2007, 2008, 2009 and 2010, subject to the reporting person's continued employment or association with the Issuer on the date such shares of Common Stock are to be issued. A Performance Share Unit, sometimes referred to as a Performance Stock Unit or PSU, represents the conditional right to receive one share of Common Stock. PSUs granted in April 2008 resulted in the earning, with respect to the fiscal year ended March 2009 and based on the extent to which certain performance criteria were satisfied during fiscal year 2009, of the right to receive 20,000 shares of Common Stock. Once earned, the PSUs vest and are paid through the issuance of shares of Common Stock in four approximately equal annual installments commencing on or about May 1, 2009, 2010, 2011 and 2012, subject to the reporting person's continued employment or association with the Issuer on the date such shares of Common Stock are to be issued. 1 for 1 In respect of the PSUs granted in May 2006 with respect to fiscal year 2007, on May 1, 2007, the reporting person earned the right to receive 21,000 shares of Common Stock. The reporting person was associated with the Issuer on May 1, 2007, resulting in the vesting and issuance of 5,250 of the 21,000 shares of Common Stock so earned. On April 28, 2008, the reporting person continued to be associated with the Issuer, resulting in the vesting and issuance of another 5,250 shares of Common Stock so earned. On April 28, 2009, the reporting person continued to be associated with the Issuer, resulting in the vesting and issuance of another 5,250 shares of Common Stock so earned. The remaining 5,250 shares have been earned, but are not yet vested. In respect of the PSUs granted in April 2008 with respect to fiscal year 2009, on April 28, 2009, the reporting person earned the right to receive 20,000 shares of Common Stock. The reporting person was associated with the Issuer on April 28, 2009, resulting in the vesting and issuance of 5,000 of the 20,000 shares of Common Stock so earned. The remaining 15,000 shares have been earned, but are not yet vested. All shares are owned directly, except for 1,039 shares which are owned indirectly, through 401(k) plan. Douglas A. Rein by David Young by Power of Attorney 2009-04-30