Alan E. Smith - May 23, 2022 Form 4 Insider Report for GRAHAM CORP (GHM)

Role: VP & General Manager - Batavia
Signature: /s/ Jennifer R. Condame, Attorney-in-Fact for Alan E. Smith
Stock symbol: GHM
Transactions as of: May 23, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/24/2022, 05:06 PM
Previous filing: May 5, 2022
Next filing: Jun 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GHM	Common Stock						56K	May 23, 2022	Direct

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
transaction	GHM	Restricted Stock Units	Award	$0	+9.16K		$0.00	9.16K	May 23, 2022	Common Stock	9.16K	$0.00	Direct	F1
transaction	GHM	Restricted Stock Units	Award	$0	+18.3K		$0.00	18.3K	May 23, 2022	Common Stock	18.3K	$0.00	Direct	F2
holding	GHM	Stock Option (Right to Buy)						6.06K	May 23, 2022	Common Stock	6.06K	$18.65	Direct

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

Explanation of Responses:

Id	Content
F1	These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest one-third on each of the first three anniversaries of the date of grant.
F2	These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the third anniversary of the date of grant.