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The redemption price was calculated based on the closing price of the Company's common stock on November 2, 2016 ($10.15) less the exercise price ($7.72)."},{"field":"kind","element":"transactionCoding","label":"F1","text":"This option was redeemed by the Company under the terms of the Transcat, Inc. 2003 Incentive Plan, as Amended and Restated, in a transaction exempt under Rule 16b-3(e). The redemption price was calculated based on the closing price of the Company's common stock on November 2, 2016 ($10.15) less the exercise price ($7.72)."},{"field":"shares","element":"transactionShares","label":"F1","text":"This option was redeemed by the Company under the terms of the Transcat, Inc. 2003 Incentive Plan, as Amended and Restated, in a transaction exempt under Rule 16b-3(e). The redemption price was calculated based on the closing price of the Company's common stock on November 2, 2016 ($10.15) less the exercise price ($7.72)."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"This option was redeemed by the Company under the terms of the Transcat, Inc. 2003 Incentive Plan, as Amended and Restated, in a transaction exempt under Rule 16b-3(e). The redemption price was calculated based on the closing price of the Company's common stock on November 2, 2016 ($10.15) less the exercise price ($7.72)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F1","text":"This option was redeemed by the Company under the terms of the Transcat, Inc. 2003 Incentive Plan, as Amended and Restated, in a transaction exempt under Rule 16b-3(e). The redemption price was calculated based on the closing price of the Company's common stock on November 2, 2016 ($10.15) less the exercise price ($7.72)."}],"balance_after":50160,"derivative":{"exercise_price":7.72,"exercise_date":"2011-07-30","expiration_date":"2017-07-30","underlying":"Common Stock, $.50 par value","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000891839-17-000025","document":"edgar.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/99302/000089183917000025/edgar.xml","form_type":"4"}}]}