Jeffrey T. Gill - Apr 1, 2023 Form 4 Insider Report for SYPRIS SOLUTIONS INC (SYPR)

Role
President and CEO, Director, 10%+ Owner
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, 09:16 AM
Previous filing
Mar 23, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SYPR Common Stock 3.03M Apr 1, 2023 Direct
holding SYPR Common Stock 24K Apr 1, 2023 By Spouse
holding SYPR Common Stock 1.92M Apr 1, 2023 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 +200K $0.00 200K Apr 1, 2023 Common Stock 200K $1.97 Direct F2, F3, F4, F5
* 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 Grant date falls on a weekend, therefore exercise price is the closing price of Sypris common stock on the prior trading day.
F4 Vesting is 100% on the third anniversary of the grant date.
F5 The only consideration for which is service as an employee.