X0306 4 2017-05-10 0 0000927355 TESSCO TECHNOLOGIES INC TESS 0001229721 REIN DOUGLAS A 11126 MCCORMICK ROAD HUNT VALLEY MD 21031 0 1 0 0 Senior Vice President Common Stock 2017-05-10 4 M 0 1577 A 66176 D Common Stock 2017-05-10 4 F 0 634 D 65542 D Performance Share Unit 2017-05-10 4 M 0 1577 D Common Stock 1577 0 D Employee Stock Option 14.75 2017-05-10 4 A 0 30000 0 A 2023-05-10 Common Stock 30000 30000 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 2013 resulted in the earning, with respect to the fiscal year ended March 2014 and based on the extent to which certain performance criteria were satisfied during fiscal year 2014, of the right to receive 6,305 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, 2014, 2015, 2016 and 2017, 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 2013 with respect to fiscal year 2014, on May 8, 2014, the reporting person earned the right to receive 6,305 shares of Common Stock. The reporting person was associated with the Issuer on May 8, 2014, resulting in the vesting and issuance of 1,576 of the 6,305 shares of Common Stock so earned. On May 11, 2015, the reporting person continued to be associated with the Issuer, resulting in the vesting and issuance of another 1,576 shares of Common Stock so earned. On May 11, 2016, the reporting person continued to be associated with the Issuer, resulting in the vesting and issuance of another 1,576 shares of Common Stock so earned. On May 10, 2017, the reporting person continued to be associated with the Issuer, resulting in the vesting and issuance of the remaining 1,577 shares of Common Stock so earned. All shares are owned directly, except for 2,308 shares which are owned indirectly, through 401(k) plan. Includes 10,172 shares acquired pursuant to the TESSCO Team Member Stock Purchase Plan. The options will vest 25% after 1 year and then the remainder vests 1/36 each month for 3 years. $14.75 closing market price on May 10, 2017. Douglas A. Rein by Aric Spitulnik by Power of Attorney 2017-05-12