Alan E. Smith - May 23, 2024 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, 2024
Transactions value $
-$31,170
Form type
4
Date filed
5/28/2024, 04:33 PM
Previous filing
May 21, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHM Common Stock Options Exercise $0 +3.05K +5.98% $0.00 54.1K May 23, 2024 Direct F1
transaction GHM Common Stock Tax liability -$31.2K -1.1K -2.03% $28.44 53K May 23, 2024 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 -50% $0.00 3.05K May 23, 2024 Common Stock 3.05K $0.00 Direct F1, F3
holding GHM Restricted Stock Units 4.75K May 23, 2024 Common Stock 4.75K $0.00 Direct F1, F4
holding GHM Restricted Stock Units 18.3K May 23, 2024 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 Two-thirds of the original grant of these restricted stock units vested in substantially equal installments on each of 5/23/2023 and 5/23/2024, and except as otherwise provided in the award notice, the balance vests on 5/23/2025.
F4 One-third of the original grant of these restricted stock units vested on 5/17/2024, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 5/17/2025 and 5/17/2026.
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.