<SEC-DOCUMENT>0001206774-19-003605.txt : 20191028
<SEC-HEADER>0001206774-19-003605.hdr.sgml : 20191028
<ACCEPTANCE-DATETIME>20191028163022
ACCESSION NUMBER:		0001206774-19-003605
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191022
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20191028
DATE AS OF CHANGE:		20191028

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANSCAT INC
		CENTRAL INDEX KEY:			0000099302
		STANDARD INDUSTRIAL CLASSIFICATION:	INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825]
		IRS NUMBER:				160874418
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0328

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-03905
		FILM NUMBER:		191173332

	BUSINESS ADDRESS:	
		STREET 1:		35 VANTAGE POINT DRIVE
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14624
		BUSINESS PHONE:		5853527777

	MAIL ADDRESS:	
		STREET 1:		35 VANTAGE POINT DRIVE
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14624

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANSMATION INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>transcat3664941-8k.htm
<DESCRIPTION>CURRENT REPORT
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<P style="TEXT-ALIGN: center"><B><FONT size=3 face="Times New Roman">UNITED STATES<BR></FONT></B><B><FONT size=3 face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION<BR>Washington, D.C. 20549</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=4 face="Times New Roman">FORM 8-K</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=3 face="Times New Roman">CURRENT REPORT<BR></FONT></B><B><FONT size=3 face="Times New Roman">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></B></P>
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   <TD width="67%" noWrap align=left><FONT size=2 face="Times New Roman">Date of Report (Date of earliest event reported)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="32%" noWrap align=center><B><FONT size=3 face="Times New Roman">October 22, 2019
</FONT></B></TD></TR></TABLE>
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   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="100%" align=center><B><FONT size=5 face="Times New Roman">Transcat, Inc</FONT></B><FONT size=5 face="Times New Roman">.</FONT></TD></TR>
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   <TD style="TEXT-ALIGN: center" width="100%" noWrap><FONT size=2 face="Times New Roman">(Exact name of registrant as specified in its charter)</FONT></TD></TR></TABLE>
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   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="33%" noWrap align=center><B><FONT size=3 face="Times New Roman">Ohio</FONT></B></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="33%" noWrap align=center><B><FONT size=3 face="Times New Roman">000-03905</FONT></B></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="33%" noWrap align=center><B><FONT size=3 face="Times New Roman">16-0874418</FONT></B></TD></TR>
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   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">(State or other jurisdiction</FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">(Commission</FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">(IRS Employer</FONT></TD></TR>
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   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">of incorporation)</FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">File Number)</FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">Identification No.)</FONT></TD></TR>
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   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman"></FONT></TD></TR>
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   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="66%" colSpan=2 noWrap align=center><FONT size=2 face="Times New Roman"></FONT><FONT size=2 face="Times New Roman"><B><FONT size=3 face="Times New Roman">35 Vantage Point Drive, Rochester, New York</FONT></B></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="33%" noWrap align=center><FONT size=2 face="Times New Roman"><B><FONT size=3 face="Times New Roman">14624</FONT></B></FONT></TD></TR>
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   <TD style="TEXT-ALIGN: center" width="66%" colSpan=2 noWrap><FONT size=2 face="Times New Roman">(Address of principal executive offices)</FONT></TD>
   <TD style="TEXT-ALIGN: center" width="33%" noWrap><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(Zip Code)</FONT></FONT></TD></TR></TABLE>
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   <TD width="67%" noWrap align=left><FONT size=2 face="Times New Roman">Registrant's telephone number, including area code&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="32%" noWrap align=center><B><FONT size=3 face="Times New Roman">585-352-7777</FONT></B></TD></TR></TABLE>
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   <TD style="TEXT-ALIGN: center" width="99%" noWrap><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD style="BORDER-TOP: #000000 1pt solid" width="99%" noWrap align=center><FONT size=2 face="Times New Roman">(Former name or former address, if changed since last report)</FONT></TD></TR></TABLE>
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<DIV style="TEXT-ALIGN: justify; padding-bottom: 6pt"><FONT size=2 face="Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</FONT></DIV>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman">[ ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman">[ ]</FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman">[ ]</FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD vAlign=top width="1%" noWrap align=left><FONT size=2 face="Times New Roman">[ ]</FONT></TD>
   <TD vAlign=top width="99%" align=left><FONT size=2 face="Times New Roman">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR></TABLE>
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<DIV STYLE="text-align: justify; padding-bottom: 6pt; text-indent: 15pt; margin-left: -15pt"><FONT size=2 face="Times New Roman">Securities registered pursuant to Section 12(b) of the Act:</FONT></DIV>
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   <TD style="BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid; WIDTH: 33%; VERTICAL-ALIGN: top; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; PADDING-LEFT: 4pt; BORDER-LEFT: black 1pt solid; PADDING-RIGHT: 4pt"><FONT size=2 face="Times New Roman">Title of each class </FONT></TD>
   <TD style="BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid; WIDTH: 33%; VERTICAL-ALIGN: top; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; PADDING-LEFT: 4pt; PADDING-RIGHT: 4pt"><FONT size=2 face="Times New Roman">Trading Symbol(s) </FONT></TD>
   <TD style="BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid; WIDTH: 33%; VERTICAL-ALIGN: top; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; PADDING-LEFT: 4pt; PADDING-RIGHT: 4pt"><FONT size=2 face="Times New Roman">Name of each exchange on which registered</FONT></TD></TR>
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   <TD style="BORDER-RIGHT: black 1pt solid; WIDTH: 33%; VERTICAL-ALIGN: top; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; PADDING-LEFT: 4pt; BORDER-LEFT: black 1pt solid; PADDING-RIGHT: 4pt"><FONT size=2 face="Times New Roman">Common Stock, $0.50 par value</FONT></TD>
   <TD style="BORDER-RIGHT: black 1pt solid; WIDTH: 33%; VERTICAL-ALIGN: top; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; PADDING-LEFT: 4pt; PADDING-RIGHT: 4pt"><FONT size=2 face="Times New Roman">TRNS</FONT></TD>
   <TD style="BORDER-RIGHT: black 1pt solid; WIDTH: 33%; VERTICAL-ALIGN: top; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; PADDING-LEFT: 4pt; PADDING-RIGHT: 4pt"><FONT size=2 face="Times New Roman">Nasdaq Global Market</FONT></TD></TR></TABLE>


<P STYLE="text-align: justify; margin-left: 0pt"><FONT size=2 face="Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167; 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167; 240.12b-2 of this chapter).</FONT></P>


<P STYLE="text-align: left; margin-left: 0pt"><FONT size=2 face="Times New Roman">Emerging growth company &#9744;</FONT></P>


<P STYLE="text-align: justify; margin-left: 0pt"><FONT size=2 face="Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</FONT></P>

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<P style="text-align: justify;">
<B><FONT size=2 face="Times New Roman">Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</FONT></B></P>
<P STYLE="text-align: justify; text-indent: 15pt">
<FONT size=2 face="Times New Roman">At the 2019 Annual Meeting of Stockholders of Transcat, Inc. (the &#147;Company&#148;), the stockholders approved the proposal to fix the number of directors of the Company at ten, thereby increasing the size of the board of directors by one. Effective as of October 22, 2019, the Company appointed Oksana S. Dominach to serve on the board of directors for a term expiring at the Company&#146;s 2021 annual meeting of stockholders, thereby filling the vacancy created as a result of the stockholders action. Ms. Dominach will serve on the Company&#146;s audit committee.</FONT></P>
<P STYLE="text-align: justify; text-indent: 15pt">
<FONT size=2 face="Times New Roman">Ms. Dominach is Senior Vice President and Treasurer of Constellation Brands, Inc. (&#147;Constellation&#148;) (NYSE:STZ), a leading international producer and marketer of beer, wine and spirits. She was elected Vice President in 2004 and promoted to the Senior Vice President role in February 2016 and elected Assistant Treasurer in 2004 and promoted to Treasurer in June 2015. Previously, she served as Finance Director from 2003 to 2004. Ms. Dominach currently serves as Treasurer and Director of the not-for-profit Board of Constellation &#150; Marvin Sands Performing Arts Center; a Director of the Directors Advisory Council of the Rochester Division of Manufacturers and Traders Trust Company; and a Director of various Constellation subsidiaries including Ruffino S.r.l., Tenute Ruffino S.r.l., and Poderi Ducali Ruffino S.r.l.</FONT></P>
<P STYLE="text-align: justify; text-indent: 15pt">
<FONT size=2 face="Times New Roman">Ms. Dominach was not selected to serve on the Company&#146;s board of directors under any arrangement or understanding between Ms. Dominach and any other person. The Company is not aware of any transactions with Ms. Dominach that would require disclosure under Item 404(a) of Regulation S-K.</FONT></P>
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<FONT size=2 face="Times New Roman">Ms. Dominach will participate in the Company&#146;s non-employee director compensation arrangements generally applicable to all of the Company&#146;s non-employee directors. Under the terms of those arrangements, as currently in effect, Ms. Dominach received a stock option grant of 10,000 shares of common stock pursuant to the Company&#146;s 2003 Incentive Plan, as amended and restated, </FONT><FONT size=3 face="Times New Roman">t</FONT><FONT size=2 face="Times New Roman">hat vests ratably over five years and has a ten-year term. Details regarding the Company&#146;s non-employee director compensation program are set forth in the Company&#146;s 2019 proxy statement filed with the Securities and Exchange Commission on July 25, 2019.</FONT></P>
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<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">SIGNATURES</FONT></P>
<P STYLE="text-align: justify; text-indent: 15pt"><FONT size=2 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</FONT></P>
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   <TD STYLE="width: 64%; white-space: nowrap; text-align: left"><B><FONT size=2 face="Times New Roman">TRANSCAT, INC.</FONT></B></TD></TR>
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   <TD COLSPAN="3">&nbsp;</TD></TR>
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   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Dated: October 28, 2019</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">By:&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;/s/ Michael J. Tschiderer</FONT></TD></TR>
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   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT>Michael J. Tschiderer</FONT></TD></TR>
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   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT>Vice President of Finance and Chief Financial Officer</FONT></TD></TR></TABLE>
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