Richard L. Davis - Apr 1, 2023 Form 4 Insider Report for SYPRIS SOLUTIONS INC (SYPR)

Signature
Andrea J. Luescher by Power of Attorney on file with the Commission
Stock symbol
SYPR
Transactions as of
Apr 1, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 09:02 AM
Previous filing
Sep 10, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SYPR Common Stock 222K Apr 1, 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 +62.5K $0.00 62.5K Apr 1, 2023 Common Stock 62.5K $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.