Gill Jeffrey T. - 01 Apr 2022 Form 4 Insider Report for SYPRIS SOLUTIONS INC (SYPR)

Signature
Andrea J. Luescher by Power of Attorney on file with the Commission
Issuer symbol
SYPR
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
4
Filing time
04 Apr 2022, 17:25:10 UTC
Previous filing
13 Oct 2021
Next filing
23 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SYPR Common Stock 3,007,238 01 Apr 2022 Direct
holding SYPR Common Stock 23,975 01 Apr 2022 By Spouse
holding SYPR Common Stock 1,918,109 01 Apr 2022 GFP I, LP F1

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 SYPR Options (Right to Buy) Award $0 +200,000 $0.000000 200,000 01 Apr 2022 Common Stock 200,000 $2.59 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of limited partnership interests of GFP I, LP, a Delaware limited partnership. The reporting person, his spouse, and the trusts for the benefit of his three children are limited partners of GFP I, LP, and the reporting person is a director, executive officer and 50% shareholder in Gill Family Capital Management, Inc., the general partner of GFP I, LP.
F2 Options granted pursuant to the 2020 Sypris Omnibus Plan.
F3 Vesting is 100% on the third anniversary of the grant date.