Alan E. Smith - May 17, 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
Stock symbol: GHM
Transactions as of: May 17, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/18/2023, 04:32 PM
Previous filing: Feb 21, 2023
Next filing: May 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GHM	Common Stock						58K	May 17, 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	+7.12K		$0.00	7.12K	May 17, 2023	Common Stock	7.12K	$0.00	Direct	F1
holding	GHM	Restricted Stock Units						9.16K	May 17, 2023	Common Stock	9.16K	$0.00	Direct	F2
holding	GHM	Restricted Stock Units						18.3K	May 17, 2023	Common Stock	18.3K	$0.00	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.