FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SHULDMAN BART C
2. Issuer Name and Ticker or Trading Symbol

TRANSACT TECHNOLOGIES INC [ TACT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

ONE HAMDEN CENTER, 2319 WHITNEY AVENUE, SUITE 3B
3. Date of Earliest Transaction (MM/DD/YYYY)

9/11/2017
(Street)

HAMDEN, CT 06518
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/11/2017     M    1301   A $5.24   13115   D    
Common Stock   9/11/2017     S    1301   D $9.6   (1) 11814   D    
Common Stock   9/12/2017     M    1021   A $5.24   12835   D    
Common Stock   9/12/2017     S    1021   D $9.5   (2) 11814   D    
Common Stock   9/13/2017     M    1779   A $5.24   13593   D    
Common Stock   9/13/2017     S    1779   D $9.51   (3) 11814   D    
Common Stock                  4800   I   Daughters  
Common Stock                  3750   I   Mother  
Common Stock                  1500   I   Spouse  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option   $5.24   9/11/2017     M         1301    2/27/2009   2/27/2018   Common Stock   1301   $5.24   18200   D    
Stock Option   $5.24   9/12/2017     M         1021    2/27/2007   2/27/2018   Common Stock   1021   $5.24   17179   D    
Stock Option   $5.24   9/13/2017     M         1779    2/27/2007   2/27/2018   Common Stock   1779   $5.24   15400   D    

Explanation of Responses:
(1)  Represents the sale of 1,301 shares in 14 different transactions ranging from $9.50 to $9.75 per share, resulting in a weighted average sale price per share of $9.60. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range.
(2)  Represents the sale of 1,021 shares in 11 different transactions ranging from $9.50 to $9.53 per share, resulting in a weighted average sale price per share of $9.50. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range.
(3)  Represents the sale of 1,779 shares in 9 different transactions ranging from $9.50 to $9.55 per share, resulting in a weighted average sale price per share of $9.51. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SHULDMAN BART C
ONE HAMDEN CENTER
2319 WHITNEY AVENUE, SUITE 3B
HAMDEN, CT 06518
X
Chairman and CEO

Signatures
Steven A. DeMartino, Attorney-in-fact 9/13/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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