Demartino Steven A's Form 4 filing
Transact Technologies Inc (TACT) · filed Dec 13, 2021
- Accession no.
- 0001017303-21-000084
- Filed
- Dec 13, 2021
- Trade date
- Dec 9-13, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $4.26K. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Demartino Steven ACIK 0001245709 | Officer (President, CFO, Treas. & Secr.) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 9, 2021 | Common Stock | MOption exerciseAcquired | +405 | $6.70 | +$2,713.5 | 73,574 | Direct | |
| Dec 9, 2021 | Common Stock | SSaleDisposed | −405 | $10.51F1 | −$4,256.55 | 73,169 | Direct | |
| Dec 13, 2021 | Common Stock | MOption exerciseAcquired | +3,680 | $6.70F2 | +$24,656 | 76,849 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 9, 2021 | Common Stock | MOption exerciseDisposed | −405 | $6.70 | −$2,713.5 | 19,595 | Direct | |
| Dec 13, 2021 | Common Stock | MOption exerciseDisposed | −3,680 | $6.70 | −$131,286.5 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the sale of 405 shares in 4 different transactions ranging from $10.50 to $10.52 per share, resulting in a weighted average share price per share of $10.51. For all transactions reported in this Form 4 utilizing a weighted average share price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range.
Referenced by the price of 1 transaction in Table I.
- F2
Represents a "net exercise" of 19,595 outstanding stock options. 15,915 shares were withheld by TransAct Technologies for payment of the exercise price based on the market price of TransAct Technologies stock at the time of the option exercise on December 13, 2021 of $10.31 per share and payment of the required income and payroll taxes.
Referenced by the price of 1 transaction in Table I.