Alan E. Smith - May 23, 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 23, 2023
Transactions value $
-$14,866
Form type
4
Date filed
5/24/2023, 04:44 PM
Previous filing
May 18, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHM Common Stock Options Exercise $0 +3.05K +5.26% $0.00 61.1K May 23, 2023 Direct F1
transaction GHM Common Stock Tax liability -$14.9K -1.26K -2.07% $11.78 59.8K May 23, 2023 Direct F2

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 Options Exercise $0 -3.05K -33.33% $0.00 6.11K May 23, 2023 Common Stock 3.05K $0.00 Direct F1, F3
holding GHM Restricted Stock Units 7.12K May 23, 2023 Common Stock 7.12K $0.00 Direct F1, F4
holding GHM Restricted Stock Units 18.3K May 23, 2023 Common Stock 18.3K $0.00 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units convert into common stock on a one-for-one basis.
F2 Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units.
F3 One-third of the original grant of these restricted stock units vested on May 23, 2023, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 5/23/2024 and 5/23/2025.
F4 One-third of these restricted stock units will vest on each of 5/17/2024, 5/17/2025 and 5/17/2026, except as otherwise provided in the award notice.
F5 These restricted stock units will vest on 5/23/2025, the third anniversary of the grant date, except as otherwise provided in the award notice.