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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
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 * West Michael W. 2. Issuer Name and Ticker or Trading Symbol TRANSCAT INC [ TRNS ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
VP Distribution & Marketing
(Last)         (First)         (Middle)
C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)
8/3/2021
(Street)
ROCHESTER, NY 14624
(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, $.50 par value  8/3/2021    M    25000  A $12  44095  D   
Common Stock, $.50 par value  8/3/2021    S    25000  D $65.27  19095  D   

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 (Right to Buy)  $12  8/3/2021    M        25000    (1) 6/19/2022  Common Stock, $.50 par value  25000  $0  0  D   
Restricted Stock Units  $0 (2)                  (2)  (2) Common Stock, $.50 par value  1035    1035  D   
Restricted Stock Units  $0 (3)                  (3)  (3) Common Stock, $.50 par value  4062    4062  D   
Restricted Stock Units  $0 (4)                  (4)  (4) Common Stock, $.50 par value  2341    2341  D   

Explanation of Responses:
(1)  This option has fully vested as of the date of this report.
(2)  These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 30, 2024, except as otherwise provided in the award notice.
(3)  These restricted stock units, which convert into common stock on a one-for-one basis, vest on July 21, 2023, except as otherwise provided in the award notice.
(4)  These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 26, 2022, except as otherwise provided in the award notice.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
West Michael W.
C/O TRANSCAT, INC.
35 VANTAGE POINT DRIVE
ROCHESTER, NY 14624


VP Distribution & Marketing

Signatures
/s/ James M. Jenkins, Attorney-in-fact for Michael W. West 8/5/2021
**Signature of Reporting Person Date
Transcat (NASDAQ:TRNS)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Transcat Charts.
Transcat (NASDAQ:TRNS)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Transcat Charts.