Daniel W. Maudlin - 05 Sep 2024 Form 4 Insider Report for HAYNES INTERNATIONAL INC

Role: CFO, VP - FINANCE
Signature: /s/ Angela Kohlheim, attorney-in-fact for Daniel W. Maudlin
Issuer symbol: N/A
Transactions as of: 05 Sep 2024
Net transactions value: -$51,974
Form type: 4
Filing time: 09 Sep 2024, 16:30:04 UTC
Previous filing: 28 Nov 2023
Next filing: 16 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HAYN	Common Stock	Options Exercise	$350,400	+7,500	+25%	$46.72	37,031	05 Sep 2024	Direct
transaction	HAYN	Common Stock	Sale	$402,374	-6,744	-18%	$59.66	30,287	05 Sep 2024	Direct	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	HAYN	Employee Stock Option	Options Exercise	$0	-7,500	-100%	$0.000000	0	05 Sep 2024	Common Stock	7,500	$46.72	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.63 to $59.695, inclusive. The reporting person undertakes to provide to Haynes International, Inc., any security holder of Haynes International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The option became exercisable in three equal annual installments beginning on November 25, 2015.

Content

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.63 to $59.695, inclusive. The reporting person undertakes to provide to Haynes International, Inc., any security holder of Haynes International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The option became exercisable in three equal annual installments beginning on November 25, 2015.

Remarks:

The transactions reported in this Form 4 relate to the exercise of stock options set to expire this year due to the end of their ten-year term. A portion of the shares were sold solely to cover the exercise price and applicable tax withholdings, with the remaining shares retained by the reporting person. Nominal net proceeds were received by the reporting person in connection with the transactions covered in this Form 4.