ANTHONY C. ALLEN - 01 Apr 2023 Form 4 Insider Report for SYPRIS SOLUTIONS INC (SYPR)

Role
Vice President and Treasurer
Signature
Andrea J. Luescher by Power of Attorney on file with the Commission
Issuer symbol
SYPR
Transactions as of
01 Apr 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 08:51:52 UTC
Previous filing
30 Mar 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SYPR Common Stock 315,954 01 Apr 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 SYPR Options (Right to Buy) Award $0 +50,000 $0.000000 50,000 01 Apr 2023 Common Stock 50,000 $1.97 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted pursuant to the 2020 Sypris Omnibus Plan.
F2 Grant date falls on a weekend, therefore exercise price is the closing price of Sypris common stock on the prior trading day.
F3 Vesting is 100% on the third anniversary of the grant date.
F4 The only consideration for which is service as an employee.