-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OHZzvSZGEzFQWqGM8XYt3qUu/Y7COP9/jB+IsNzuJCLrUqN3m90/aHXQQTISYltX QTWTVty1lek1yp5EfIqXcw== 0000891839-05-000075.txt : 20050818 0000891839-05-000075.hdr.sgml : 20050818 20050818155236 ACCESSION NUMBER: 0000891839-05-000075 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050816 FILED AS OF DATE: 20050818 DATE AS OF CHANGE: 20050818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SASSANO CARL E CENTRAL INDEX KEY: 0001225020 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-03905 FILM NUMBER: 051035965 BUSINESS ADDRESS: STREET 1: 24 BERKELEY STREET CITY: ROCHESTER STATE: NY ZIP: 14607 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: 0327 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 X0202 4 2005-08-16 0000099302 TRANSCAT INC TRNS 0001225020 SASSANO CARL E C/O TRANSCAT, INC. 35 VANTAGE POINT DRIVE ROCHESTER NY 14624 1 1 0 0 Chairman, President and CEO Common Stock, $.50 par value 2005-08-16 4 A 0 4807 0 A 174873 D Common Stock, $.50 par value 3000 I By daughter Common Stock, $.50 par value 3000 I By wife, as custodian for son Warrant (Right to Buy) 2.00 2006-08-21 Common Stock, $.50 par value 4000 4000 D Stock Option (Right to Buy) 1.00 2007-04-29 Common Stock, $.50 par value 150000 150000 D Stock Option (Right to Buy) 4.26 2005-08-16 4 A 0 10895 0 A 2015-08-15 Common Stock, $.50 par value 10895 10895 D Restricted Stock Award granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3. Mr. Sassano has elected to defer receipt of 7,466 of these shares, all of which are credited to his participant stock account under the Directors' Stock Plan until the expiration of the deferral period, at which time the shares will be issued pursuant to the terms of his prior election. These shares are owned by Mr. Sassano's daughter. Mr. Sassano disclaims beneficial ownership of these shares. These shares are owned by Mr. Sassano's wife as custodian for their minor son. Mr. Sassano disclaims beneficial ownership of these shares. This non-transferable warrant was previously reported by Mr. Sassano. Mr. Sassano can exercise this warrant in cumulative increments of 1,000 shares after each of the following dates, providing the market price of the Company's Common Stock meets or exceeds, for 20 of 30 consecutive trading days, the following respective amounts: 8/22/01--$3.50; 1/1/02--$6.00; 1/1/03--$9.00; 1/1/04--$13.50; to the extent such market price requirements are not satisfied, the balance of the warrant becomes exercisable on 8/22/05. This option was previously reported by Mr. Sassano. Mr. Sassano can exercise this option in cumulative increments of 50,000 shares after each of the following dates, providing the market price of the Company's Common Stock meets or exceeds, for 20 of 30 consecutive trading days, the following respective amounts: 4/30/02--$2.25; 1/1/03--$3.50; 1/1/04--$5.25; 1/1/05--$7.50; to the extent such market price requirements are not satisfied, the balance of the option becomes exercisable on 4/30/06. This option was granted under the Transcat, Inc. 2003 Incentive Plan in a transaction exempt under Rule 16b-3. Mr. Sassano can exercise the option as follows: 3,632 shares on 8/16/06, 3,632 shares on 8/16/07, and 3,631 shares on 8/16/08. Carl E. Sassano 2005-08-18 -----END PRIVACY-ENHANCED MESSAGE-----