| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$676K | -20K | -100% | $33.82 | 0 | Jan 23, 2025 | Common Stock | 20K | $11.18 | Direct | F3 |
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$393K | -13K | -100% | $30.25 | 0 | Jan 23, 2025 | Common Stock | 13K | $14.75 | Direct | F3 |
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$213K | -8.6K | -100% | $24.71 | 0 | Jan 23, 2025 | Common Stock | 8.6K | $20.29 | Direct | F3 |
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$220K | -8.6K | -100% | $25.59 | 0 | Jan 23, 2025 | Common Stock | 8.6K | $19.41 | Direct | F3 |
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$306K | -10K | -100% | $30.61 | 0 | Jan 23, 2025 | Common Stock | 10K | $14.39 | Direct | F3 |
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$502K | -13K | -100% | $38.58 | 0 | Jan 23, 2025 | Common Stock | 13K | $6.42 | Direct | F3 |
| transaction | USAP | Stock Option (Right to Buy) | Disposed to Issuer | -$463K | -13K | -100% | $35.65 | 0 | Jan 23, 2025 | Common Stock | 13K | $9.35 | Direct | F3 |
Dennis M. Oates is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Reflects the disposition of the reporting person's shares common stock, par value $0.001, of Universal Stainless & Alloy Products, Inc. (the "Company") upon the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of October 16, 2024 (the "Merger Agreement"), among the Company, Aperam US Holdco LLC ("Parent") and Aperam US Absolute LLC ("Merger Sub"), including the consummation of the merger of Merger Sub with and into the Company with the Company as the surviving corporation on January 23, 2025 (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each outstanding share of the Company's common stock was canceled and converted automatically into the right to receive $45.00 in cash, without interest (the "Merger Consideration"). |
| F2 | The shares of the Company's common stock reported as disposed by the reporting person include restricted stock unit awards. Pursuant to the Merger Agreement, at the Effective Time, each outstanding restricted stock unit award granted under the Company's Amended and Restated 2017 Equity Incentive Plan was canceled and converted into the right to receive an amount in cash, without interest, equal to the product of (a) the Merger Consideration and (b) the aggregate number of shares subject to such restricted stock unit award, less applicable taxes and authorized deductions. |
| F3 | Pursuant to the Merger Agreement, at the Effective Time, each outstanding and unexercised option to purchase shares of the Issuer's common stock, whether vested or unvested (each such option, a "Company Stock Option"), was canceled and converted into the right to receive an amount in cash, without interest and subject to applicable tax withholdings, equal to the product of (a) the excess, if any, of the Merger Consideration over the exercise price per share of common stock of such Company Stock Option and (b) the total number of shares of common stock subject to such Company Stock Option. |