SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Chernay Tracey S

(Last) (First) (Middle)
6700 PARADISE ROAD, SUITE D

(Street)
LAS VEGAS NV 89119

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRANSACT TECHNOLOGIES INC [ TACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Sales-Global Casino, Gami
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 11/15/2017 M 3,000 A $2.18 3,000 D
Common Stock 11/15/2017 S 3,000 D $13.7(1) 0 D
Common Stock 11/16/2017 M 1,250 A $7.45 1,250 D
Common Stock 11/16/2017 M 5,000 A $6.7 6,250 D
Common Stock 11/16/2017 M 750 A $6.76 7,000 D
Common Stock 11/16/2017 S 7,000 D $14.21(2) 0 D
Common Stock 11/17/2017 M 3,000 A $6.76 3,000 D
Common Stock 11/17/2017 M 1,250 A $7.17 4,250 D
Common Stock 11/17/2017 S 4,250 D $13.94(3) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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 $2.18 11/15/2017 M 3,000 03/05/2010 03/05/2019 Common Stock 3,000 $2.18 0 D
Stock Option $7.45 11/16/2017 M 1,250 05/27/2011 05/27/2020 Common Stock 1,250 $7.45 0 D
Stock Option $6.7 11/16/2017 M 5,000 03/05/2013 03/05/2022 Common Stock 5,000 $6.7 0 D
Stock Option $6.76 11/16/2017 M 750 02/26/2016 02/26/2025 Common Stock 750 $6.76 6,750 D
Stock Option $6.76 11/17/2017 M 3,000 02/26/2016 02/26/2025 Common Stock 3,000 $6.76 3,750 D
Stock Option $7.17 11/17/2017 M 1,250 02/25/2017 02/25/2026 Common Stock 1,250 $7.17 3,750 D
Explanation of Responses:
1. Represents the sale of 3,000 shares in 7 different transactions ranging from $13.63 to $13.78 per share, resulting in a weighted average sale price per share of $13.70. 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 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 7,000 shares in 4 different transactions ranging from $14.18 to $14.33 per share, resulting in a weighted average sale price per share of $14.21. 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 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 4,250 shares in 5 different transactions ranging from $13.91 to $13.98 per share, resulting in a weighted average sale price per share of $13.94. 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 a security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range.
Steven A. DeMartino, Attorney-in-fact 11/20/2017
** 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.
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