0000891839-18-000048.txt : 20180525 0000891839-18-000048.hdr.sgml : 20180525 20180525165814 ACCESSION NUMBER: 0000891839-18-000048 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180523 FILED AS OF DATE: 20180525 DATE AS OF CHANGE: 20180525 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rudow Lee D. CENTRAL INDEX KEY: 0001535064 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-03905 FILM NUMBER: 18862226 MAIL ADDRESS: STREET 1: C/O TRANSCAT, INC. STREET 2: 35 VANTAGE POINT DRIVE CITY: ROCHESTER STATE: NY ZIP: 14624 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRANSCAT INC CENTRAL INDEX KEY: 0000099302 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 160874418 STATE OF INCORPORATION: OH FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 35 VANTAGE POINT DRIVE CITY: ROCHESTER STATE: NY ZIP: 14624 BUSINESS PHONE: 5853527777 MAIL ADDRESS: STREET 1: 35 VANTAGE POINT DRIVE CITY: ROCHESTER STATE: NY ZIP: 14624 FORMER COMPANY: FORMER CONFORMED NAME: TRANSMATION INC DATE OF NAME CHANGE: 19920703 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2018-05-23 0000099302 TRANSCAT INC TRNS 0001535064 Rudow Lee D. C/O TRANSCAT, INC. 35 VANTAGE POINT DRIVE ROCHESTER NY 14624 1 1 0 0 President and CEO Common Stock, $.50 par value 2018-05-23 4 A 0 20360 0 A 97513 D Common Stock, $.50 par value 2018-05-23 4 F 0 5182 16.90 D 94838 D Restricted Stock Units 0 2018-05-23 4 A 0 6830 0 A Common Stock, $.50 par value 6830 6830 D Stock Option (Right to Buy) 12.00 2017-06-19 2022-06-19 Common Stock, $.50 par value 50000 50000 D Stock Option (Right to Buy) 7.57 2023-07-30 Common Stock, $.50 par value 99000 99000 D These shares were awarded to Mr. Rudow upon the vesting of a performance-based restricted stock award granted to him under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3. The shares underlying the award vest after three years subject to the Company achieving specific cumulative fully-diluted earnings per share (EPS) objectives over the eligible three-year period that ended in fiscal year 2018. Based on the Company's achievement of certain pre-determined EPS thresholds, Mr. Rudow's award vested with respect to 20,360 shares. These shares were withheld to cover related tax withholding obligations. Includes 2,507 shares acquired under the Transcat, Inc. Employees' Stock Purchase Plan. These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 27, 2021. This option was previously reported by Mr. Rudow and is exercisable as follows: 20,000 shares on 7/30/2015, 20,000 shares on 7/30/2016, and 60,000 shares on 7/30/2017. /s/ Michael J. Tschiderer, Attorney-in-fact for Lee D. Rudow 2018-05-25