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 $
-$5,597
Form type
4
Date filed
6/2/2023, 04:34 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
transaction GHM Common Stock Disposed to Issuer $0 -9.13K -15.26% $0.00 50.7K May 17, 2023 Direct F1
transaction GHM Common Stock Tax liability -$5.6K -507 -1% $11.04 50.2K Jun 1, 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
holding GHM Restricted Stock Units 6.11K May 17, 2023 Common Stock 6.11K $0.00 Direct F3, F4
holding GHM Restricted Stock Units 7.12K May 17, 2023 Common Stock 7.12K $0.00 Direct F3, F5
holding GHM Restricted Stock Units 18.3K May 17, 2023 Common Stock 18.3K $0.00 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares forfeited under the terms of Mr. Smith's June 9, 2020 performance-vested restricted stock award.
F2 Shares withheld to cover tax withholding obligations upon the vesting of a restricted stock award.
F3 These restricted stock units convert into common stock on a one-for-one basis.
F4 One-third of the original grant of these restricted stock units vested on 5/23/2023, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 5/23/2024 and 5/23/2025.
F5 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.
F6 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.