Daniel W. Maudlin - Sep 5, 2024 Form 4 Insider Report for HAYNES INTERNATIONAL INC (HAYN)

Role
CFO, VP - FINANCE
Signature
/s/ Angela Kohlheim, attorney-in-fact for Daniel W. Maudlin
Stock symbol
HAYN
Transactions as of
Sep 5, 2024
Transactions value $
-$51,974
Form type
4
Date filed
9/9/2024, 04:30 PM
Previous filing
Nov 28, 2023
Next filing
Oct 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HAYN Common Stock Options Exercise $350K +7.5K +25.4% $46.72 37K Sep 5, 2024 Direct
transaction HAYN Common Stock Sale -$402K -6.74K -18.21% $59.66 30.3K Sep 5, 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 -7.5K -100% $0.00 0 Sep 5, 2024 Common Stock 7.5K $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.

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.