WEST MICHAEL W. (VP Distribution & Marketing) sold 56.7% of their position (25K shares) of TRANSCAT INC on the open market

Open‑market sale worth $1.63M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

WEST MICHAEL W.

Filed: 8/5/2021ACC: 0000891839-21-000258

InsiderWEST MICHAEL W.CIK 1783788

→

IssuerTRANSCAT INCCIK 99302

Officer· VP Distribution & Marketing

Since Jul 2019

-25K

Net shares

Net seller

$1.63M

Total sold

Open market trades

0B · 1S

Total transactions

25K acquired · 50K disposed

Non-Derivative Transactions2

Common Stock, $.50 par value

Direct

M · Option Exercise

+25K

Price / share

$12.00

Trade value

$300K

% of position

130.9%

8/3/2021

19.09K→44.09K

Common Stock, $.50 par value

Direct

S · Sale

−25K

Price / share

$65.27

Trade value

$1.63M

% of position

56.7%

8/3/2021

44.09K→19.09K

Total

Net shares

+0.00

Net value

-$1.33M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $.50 par value Direct	8/3/2021	M · Option Exercise	+25K	$12.00	$300K	130.9%	19.09K	44.09K
Common Stock, $.50 par value Direct	8/3/2021	S · Sale	−25K	$65.27	$1.63M	56.7%	44.09K	19.09K
Total			+0.00		-$1.33M

Derivative Transactions1

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock, $.50 par value

25K shares

−25K

Strike price

Held after

0.00

Exercisable

—

8/3/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to Buy) Direct	Common Stock, $.50 par value25K shares	8/3/2021	M · Option Exercise	−25K	12	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Restricted Stock Units

Direct

Underlying security

Common Stock, $.50 par value

Underlying shares

2.34K

Shares owned

2.34K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock, $.50 par value

Underlying shares

1.03K

Shares owned

1.03K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock, $.50 par value

Underlying shares

4.06K

Shares owned

4.06K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

7.44K

Owned

7.44K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock, $.50 par value	0	—	—	2.34K	2.34K
Restricted Stock Units Direct	Common Stock, $.50 par value	0	—	—	1.03K	1.03K
Restricted Stock Units Direct	Common Stock, $.50 par value	0	—	—	4.06K	4.06K
Total					7.44K	7.44K