Thomas Sammons - Jul 13, 2023 Form 4 Insider Report for TECHPRECISION CORP (TPCS)

Role: Chief Financial Officer
Signature: /s/ Thomas Sammons
Stock symbol: TPCS
Transactions as of: Jul 13, 2023
Transactions value $: -$34,021
Form type: 4
Date filed: 7/17/2023, 04:05 PM
Previous filing: Jan 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPCS	Common Stock	Options Exercise	$85K	+125K	+1344.38%	$0.68	134K	Jul 13, 2023	Direct
transaction	TPCS	Common Stock	Tax liability	-$119K	-16K	-11.9%	$7.45	118K	Jul 13, 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	TPCS	Stock Option (right to buy)	Options Exercise	$0	-125K	-100%	$0.00^*	0	Jul 13, 2023	Common Stock	125K	$0.68	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas Sammons is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The options were granted pursuant to the Company's 2006 Long-Term Incentive Plan.
F2	The options vested in three equal annual installments with the first installment vesting on the grant date of January 20, 2016 and the remaining installments vesting on each of the first and second anniversaries of the grant date.