Jeffrey Glajch - 31 Mar 2021 Form 4 Insider Report for GRAHAM CORP (GHM)

Role: VP-Finance; CFO
Signature: /s/ Jennifer R. Condame, Attorney-in-Fact for Jeffrey F. Glajch
Issuer symbol: GHM
Transactions as of: 31 Mar 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2021, 16:56:29 UTC
Next filing: 20 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GHM	Common Stock	Disposed to Issuer	$0	-2,675	-4.7%	$0.000000	54,673	31 Mar 2021	Direct	F1
transaction	GHM	Common Stock	Disposed to Issuer	$0	-3,538	-6.5%	$0.000000	51,135	31 Mar 2021	Direct	F2
transaction	GHM	Common Stock	Award	$0	+5,466	+11%	$0.000000	56,601	01 Jun 2021	Direct	F3
transaction	GHM	Common Stock	Award	$0	+10,932	+19%	$0.000000	67,533	01 Jun 2021	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	GHM	Stock Option (Right to Buy)						7,141	31 Mar 2021	Common Stock	7,141	$18.65	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares forfeited under the terms of Mr. Glajch's May 30, 2018 performance-vested restricted stock award.
F2	Shares forfeited under the terms of Mr. Glajch's May 29, 2019 performance-vested restricted stock award.
F3	This time-vested restricted stock award was granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3.
F4	This performance-vested restricted stock award was granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and is subject to forfeiture if certain vesting conditions are not met. The number of shares reported assumes maximum achievement of the performance criteria.