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The redemption price was calculated based on the closing price of the Company's common stock on March 8, 2017 ($12.60) 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 March 8, 2017 ($12.60) 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 March 8, 2017 ($12.60) 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). 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The number of shares awarded has a grant-date fair value of $25,000 and is calculated on the closing price of the Issuer's common stock on the grant date ($3.79)."}],"balance_after":25516,"source":{"system":"sec-edgar","filing":"0000049728-17-000039","document":"wf-form4_148909286241601.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/49728/000004972817000039/wf-form4_148909286241601.xml","form_type":"4"}},{"id":4420210,"issuer":{"id":1920,"kind":"organization","name":"TRANSCAT INC","symbol":"TRNS"},"owners":[{"id":77027,"kind":"person","name":"HADEED CHARLES P","position":1,"cik":"0001231779","reported_name":"HADEED CHARLES P","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chairman of the Board"}}],"security":"Stock Option (Right to Buy)","published_at":"2017-02-28T21:29:54.000Z","date":"2017-02-24","kind":"disposition_to_issuer","acquired":false,"shares":25000,"ownership":{"direct":true},"footnotes":[{"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). 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