TSCHIDERER MICHAEL (VP of Finance and CFO) exercised options at TRANSCAT INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/10/2020ACC: 0000891839-20-000167
Officer· VP of Finance and CFO
Since Oct 2018
-16.39K
Net shares
Net seller
$460.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
25K acquired · 41.39K disposed
Non-Derivative Transactions2
Common Stock, $.50 par value
Direct
Shares
+25K
Price / share
$12.00
Trade value
$300K
% of position
125.3%
6/8/2020
19.95K→44.95K
Common Stock, $.50 par value
Direct
Shares
−16.39K
Price / share
$28.12
Trade value
$460.80K
% of position
36.5%
6/8/2020
44.95K→28.56K
Total
Net shares
+8.61K
Net value
-$160.80K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.50 par value Direct | 6/8/2020 | M · Option Exercise | +25K | $12.00 | $300K | 125.3% | 19.95K | 44.95K |
| Common Stock, $.50 par value Direct | 6/8/2020 | F · Tax Withholding | −16.39K | $28.12 | $460.80K | 36.5% | 44.95K | 28.56K |
| Total | +8.61K | -$160.80K | ||||||
Derivative Transactions1
Stock Option (Right to Buy)
Direct
Converts to
Common Stock, $.50 par value
25K shares
Shares
−25K
Strike price
12.00
Held after
0.00
Exercisable
—
6/8/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) Direct | Common Stock, $.50 par value25K shares | 6/8/2020 | M · Option Exercise | −25K | 12.00 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)2
Restricted Stock Units
DirectUnderlying security
Common Stock, $.50 par value
Underlying shares
3.42K
Shares owned
3.42K
Exercise price
0
Expiration
—
Exercise window
—
Restricted Stock Units
DirectUnderlying security
Common Stock, $.50 par value
Underlying shares
5.10K
Shares owned
5.10K
Exercise price
0
Expiration
—
Exercise window
—
Total
Underlying
8.52K
Owned
8.52K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock, $.50 par value | 0 | — | — | 3.42K | 3.42K |
| Restricted Stock Units Direct | Common Stock, $.50 par value | 0 | — | — | 5.10K | 5.10K |
| Total | 8.52K | 8.52K | ||||