Alan E. Smith - 17 May 2023 Form 4 Insider Report for GRAHAM CORP (GHM)

Role: VP & General Manager - Batavia
Signature: /s/ Christina McLeod, Attorney-in-Fact for Alan E. Smith
Issuer symbol: GHM
Transactions as of: 17 May 2023
Net transactions value: $0
Form type: 4
Filing time: 18 May 2023, 16:32:50 UTC
Previous filing: 21 Feb 2023
Next filing: 24 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GHM	Common Stock						57,999	17 May 2023	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	+7,123		$0.000000	7,123	17 May 2023	Common Stock	7,123	$0.000000	Direct	F1
holding	GHM	Restricted Stock Units						9,158	17 May 2023	Common Stock	9,158	$0.000000	Direct	F2
holding	GHM	Restricted Stock Units						18,315	17 May 2023	Common Stock	18,315	$0.000000	Direct	F3

* 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 5/17/2024, 5/17/2025 and 5/17/2026.
F2	These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on each of 5/23/2023, 5/23/2024 and 5/23/2025, except as otherwise provided in the award notice.
F3	These restricted stock units, which convert into common stock on a one-for-one basis, vest on 5/23/2025, the third anniversary of the grant date, except as otherwise provided in the award notice.