0001062993-22-013597.txt : 20220526 0001062993-22-013597.hdr.sgml : 20220526 20220526162324 ACCESSION NUMBER: 0001062993-22-013597 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220525 FILED AS OF DATE: 20220526 DATE AS OF CHANGE: 20220526 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: 22970429 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: 0326 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 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2022-05-25 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 2022-05-25 4 A 0 7676 0 A 134079 D Common Stock, $.50 par value 2022-05-25 4 F 0 3750 63.17 D 130329 D Stock Option (Right to Buy) 63.17 2022-05-25 4 A 0 10000 0 A 2032-05-25 Common Stock, $.50 par value 10000 10000 D Restricted Stock Units 0 2022-05-25 4 A 0 3483 0 A Common Stock, $.50 par value 3483 3483 D Restricted Stock Units 0 Common Stock, $.50 par value 4138 4138 D Restricted Stock Units 0 Common Stock, $.50 par value 16248 16248 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, as amended, in a transaction exempt under Rule 16b-3. The shares underlying this award vested after three years based on the Company's achievement on certain pre-determined earnings per share thresholds over the eligible three-year period that ended in fiscal year 2022. Includes 6 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan. These shares were withheld to cover related tax withholding obligations. This option was granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vests on the third anniversary of the date of grant. These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on May 25, 2025. These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 30, 2024, except as otherwise provided in the award notice. These restricted stock units, which convert into common stock on a one-for-one basis, vest on July 21, 2023, except as otherwise provided in the award notice. /s/ James M. Jenkins, Attorney-in-Fact for Lee D. Rudow 2022-05-26