Wendel Crosby - May 5, 2021 Form 3 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
Vice President of Manufacturin
Signature
John Arminas
Stock symbol
USAP
Transactions as of
May 5, 2021
Transactions value $
$0
Form type
3
Date filed
5/21/2021, 03:32 PM
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding USAP USAP Common Stock 49.9K May 5, 2021 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
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 4K $26.14 Direct F1
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 4.5K $11.18 Direct F2
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 4.5K $9.19 Direct F3
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 4.5K $20.29 Direct F4
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 4.5K $19.41 Direct F5
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 4K $14.39 Direct F6
holding USAP Stock Option (Right to Buy) May 5, 2021 Common Stock 5K $6.42 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary
F2 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary
F3 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary
F4 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary
F5 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary
F6 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary
F7 25% will vest on the first anniversary, 25% will vest on the second anniversary, 25% will vest on the third anniversary and 25% will vest on the fourth anniversary