0001264811-23-000002.txt : 20230104 0001264811-23-000002.hdr.sgml : 20230104 20230104183945 ACCESSION NUMBER: 0001264811-23-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230104 DATE AS OF CHANGE: 20230104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEMARTINO STEVEN A CENTRAL INDEX KEY: 0001245709 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21121 FILM NUMBER: 23508930 MAIL ADDRESS: STREET 1: ONE HAMDEN CENTER STREET 2: 2319 WHITNEY AVENUE, SUITE 3B CITY: HAMDEN STATE: CT ZIP: 06518 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRANSACT TECHNOLOGIES INC CENTRAL INDEX KEY: 0001017303 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 061456680 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE HAMDEN CENTER STREET 2: 2319 WHITNEY AVENUE, SUITE 3B CITY: HAMDEN STATE: CT ZIP: 06518 BUSINESS PHONE: 203-859-6800 MAIL ADDRESS: STREET 1: ONE HAMDEN CENTER STREET 2: 2319 WHITNEY AVENUE, SUITE 3B CITY: HAMDEN STATE: CT ZIP: 06518 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2022-12-31 0 0001017303 TRANSACT TECHNOLOGIES INC TACT 0001245709 DEMARTINO STEVEN A ONE HAMDEN CENTER 2319 WHITNEY AVENUE, SUITE 3B HAMDEN CT 06518 0 1 0 0 President, CFO, Treas & Secr. Common Stock 2022-12-31 2023-01-03 4 M 0 1553 6.32 A 83894 D Performance Stock Units 6.32 2022-12-31 2023-01-03 4 M 0 2561 6.32 D Common Stock 2561 2562 D Shares of performance stock units (PSU) vested on 12/31/2022 and issued on 1/3/2023. Shares of Performance Stock Units (PSU) issued on March 4, 2021 pursuant to the Company's 2014 Equity Incentive Plan, which vest in three equal installments on March 2, 2022, December 31, 2022 and December 31, 2023 and convert to common stock on a one-for-one basis on each vesting date. The PSUs were earned on a variable basis dependent upon level of achievement against a performance metric, which was based on terminals and software installed during the year ended December 31, 2021. The performance criteria was satisfied at a 82.6% level, which resulted in a payout of 56.5% of the PSUs granted during 2021. Mr. DeMartino relinquished 1,008 shares of common stock of the 2,561 performance stock units that converted to common stock on January 3, 2023 in order to pay the required income and payroll taxes. Steven A DeMartino 2023-01-04