JOHN T. SMITH - Corporate Board Profile

TRANSCAT INC

Filing Date	Source Excerpt
2007-07-11	John T. Smith, age 59, is our lead director and is chairman and chief executive officer of Brite Computers, Inc., which he joined in 1999. Prior to that, from 1997 to 1999, he was the president of JTS Chequeout Solutions, Inc. From 1980 to 1997, Mr. Smith was president of JTS Computer Services, Inc. Mr. Smith serves on the board of directors of the Monroe Community College Foundation and Croop LaFrance Inc.
2008-07-08	John T. Smith, age 60, is our lead director and is chairman and chief executive officer of Brite Computers, Inc... The current members of the corporate governance and nominating committee are Mr. Smith (chair) and Mr. Resnick... The current members of the compensation committee are Mr. Resnick (chair), Ms. Hessler, Dr. Palmer and Mr. Smith... The following table shows information regarding the compensation paid to our non-employee directors for their service during fiscal year 2008... John T. Smith Fees Earned or Paid in Cash: $27,500, Option Awards: $3,228, Total: $30,728.
2009-07-24	John T. Smith, age 62, is our lead director and is chairman and chief executive officer of Brite Computers, Inc. The current members of the corporate governance and nominating committee are Mr. Smith (chair) and Mr. Resnick. The current members of the compensation committee are Mr. Resnick (chair), Ms. Hessler, Dr. Palmer and Mr. Smith. The board of directors has determined that each of Mr. Smith and Mr. Resnick is independent pursuant to the independence standards of the Nasdaq Stock Market. The table below presents information regarding the compensation paid to our non-employee directors for their service during fiscal year 2009. John T. Smith Fees Earned or Paid in Cash $41,200 Option Awards $7,695 All Other Compensation $0 Total $48,895.
2010-07-23	John T. Smith, age 63, is our lead director and is chairman and chief executive officer of Brite Computers, Inc. (information technology consulting), which he joined in 1999. Prior to that, from 1997 to 1999, he was the president of JTS Chequeout Solutions, Inc. From 1980 to 1997, Mr. Smith was president of JTS Computer Services, Inc. Mr. Smith serves on the board of directors of the Monroe Community College Foundation and Croop LaFrance Inc.
2011-07-22	John T. Smith, age 64, served as our lead director until May 2011 and is chairman and chief executive officer of Brite Computers, Inc... The current members of the corporate governance and nominating committee are Mr. Smith (chair)... The current members of the compensation committee are... Mr. Smith... 2011 Director Summary Compensation Table shows John T. Smith earned $46,700 in fees.
2012-07-27	John T. Smith, age 65, who served as our lead director until May 2011, is chairman and chief executive officer of Brite Computers, Inc. (information technology consulting), which he joined in 1999. Prior to that, from 1997 to 1999, he was the president of JTS Chequeout Solutions, Inc. From 1980 to 1997, Mr. Smith was president of JTS Computer Services, Inc. Mr. Smith serves on the board of directors of the Monroe Community College Foundation. The board of directors has determined that Mr. Smith is independent under the independence standards of the Nasdaq Stock Market. He serves as chairman of the compensation committee and chairman of the corporate governance and nominating committee. For fiscal year 2012, Mr. Smith received total compensation of $39,700.
2013-07-26	John T. Smith, age 66, is chairman and chief executive officer of Brite Computers, Inc. (information technology consulting), which he joined in 1999. Prior to that, from 1997 to 1999, he was the president of JTS Chequeout Solutions, Inc. From 1980 to 1997, Mr. Smith was president of JTS Computer Services, Inc. Mr. Smith serves on the board of directors of the Monroe Community College Foundation.
2014-07-25	John T. Smith Age:67 Director since:2002 Board Committee(s): Audit ... 2014 Director Compensation Table John T. Smith 50,000 Fees Earned or Paid in Cash 30,000 Non-Equity Incentive Plan Compensation Total 80,000
2015-07-23	Mr. Smith is the chairman and chief executive officer of Brite Computers, Inc. The board of directors has a standing audit, compensation, and corporate governance and nominating committee. The table below shows the number of meetings held during fiscal year 2015 and the names of the directors currently serving on each committee. John T. Smith: Audit. 2015 Director Compensation Table: John T. Smith: Fees Earned or Paid in Cash $50,000, Incentive Plan Compensation $20,000, Total $70,000.
2016-07-21	John T. Smith, age 69, Director since 2002. Board Committee: Corporate Governance and Nominating. For fiscal year 2016, each of our non-employee directors was entitled to an annual cash retainer of $50,000 and a performance-based cash award with a target value of $20,000. Based on the trading day average of $9.63 for fiscal year 2016, each non-employee director received a $20,000 performance-based payment for fiscal year 2016. John T. Smith received $50,000 in fees earned or paid in cash and $20,000 in incentive plan compensation, totaling $70,000.
2017-07-27	John T. Smith Age: 70 Board Committee: Director since: 2002 Corporate Governance and Nominating Mr. Smith is the chairman and chief executive officer of Solü Technology Partners... 2017 Director Compensation Table shows John T. Smith Fees Earned or Paid in Cash $50,000, Incentive Plan Compensation $30,000, Total $80,000.
2018-07-26	John T. Smith Age: 71 Board Committee: Director since: 2002 Corporate Governance and Nominating ...The table below shows information about the compensation paid to our non-employee directors for their service during fiscal 2018. John T. Smith $50,000 Fees Earned or Paid in Cash $0 Option Awards $30,000 Incentive Plan Compensation $80,000 Total
2019-07-25	Mr. Smith is the chairman and chief executive officer of Solü Technology Partners, a technology staffing and services provider, having been with Solü since January 1995. From 1999 until August 2015, he was chairman and chief executive officer of Brite Computers, Inc., an information technology consulting firm. Based on the trading day average of $20.88 for fiscal 2019, each non-employee director received a $30,000 performance-based award for fiscal 2019, payable in 1,305 shares of our common stock calculated using the closing price of a share of our common stock on March 29, 2019 of $22.98. For fiscal 2019, each of our non-employee directors was entitled to an annual cash retainer of $50,000 and a performance-based award of $30,000. The chair of the technology committee was entitled to receive an additional $7,500 annual retainer.
2020-07-23	John T. Smith Age: 73 Board Committee: Director since: 2002 Corporate Governance and Nominating Technology (Chair) 57,500 Mr. Smith is the chairman and chief executive officer of Solü Technology Partners, a technology staffing and services provider, having been with Solü since January 1995.