0001062993-24-010966.txt : 20240522
0001062993-24-010966.hdr.sgml : 20240522
20240522164140
ACCESSION NUMBER: 0001062993-24-010966
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240520
FILED AS OF DATE: 20240522
DATE AS OF CHANGE: 20240522
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Barbato Thomas L
CENTRAL INDEX KEY: 0001753367
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-03905
FILM NUMBER: 24973959
MAIL ADDRESS:
STREET 1: 105 NORTON STREET
CITY: NEWARK
STATE: NY
ZIP: 14513
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRANSCAT INC
CENTRAL INDEX KEY: 0000099302
STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 160874418
STATE OF INCORPORATION: OH
FISCAL YEAR END: 0325
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
X0508
4
2024-05-20
0000099302
TRANSCAT INC
TRNS
0001753367
Barbato Thomas L
C/O TRANSCAT, INC.
35 VANTAGE POINT DRIVE
ROCHESTER
NY
14624
0
1
0
0
Sr. VP Finance & CFO
0
Common Stock, $.50 par value
2024-05-20
4
A
0
986
0
A
1376
D
Common Stock, $.50 par value
2024-05-20
4
F
0
436
124.12
D
940
D
Restricted Stock Units
0
2024-05-20
4
A
0
1919
0
A
Common Stock, $.50 par value
1919
1919
D
Restricted Stock Units
0
Common Stock, $.50 par value
3686
3686
D
Restricted Stock Units
0
Common Stock, $.50 par value
1417
1417
D
Stock Option (Right to Buy)
90.92
2027-01-03
Common Stock, $.50 par value
6000
6000
D
Stock Option (Right to Buy)
63.17
2027-05-25
Common Stock, $.50 par value
5000
5000
D
These shares were awarded to Mr. Barbato upon the vesting of performance-based restricted stock units granted to him under the Transcat, Inc. 2021 Stock 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 2024.
Shares withheld to cover tax withholding obligations on the vesting of performance-based restricted stock units.
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 March 27, 2027.
These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2026, 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 March 28, 2025, except as otherwise provided in the award notice.
This option vests and becomes exercisable pro rata with respect to one-third of the shares subject to the option on the first, second, and third anniversaries of the date of grant.
This option vests and becomes exercisable on the third anniversary of the date of grant.
/s/ Scott Deverell, Attorney-in-Fact for Thomas L. Barbato
2024-05-22