Wendel Crosby - 05 May 2021 Form 3 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC

Signature
John Arminas
Issuer symbol
N/A
Transactions as of
05 May 2021
Net transactions value
$0
Form type
3
Filing time
21 May 2021, 15:32:35 UTC
Next filing
21 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding USAP USAP Common Stock 49,875 05 May 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) 05 May 2021 Common Stock 4,000 $26.14 Direct F1
holding USAP Stock Option (Right to Buy) 05 May 2021 Common Stock 4,500 $11.18 Direct F2
holding USAP Stock Option (Right to Buy) 05 May 2021 Common Stock 4,500 $9.19 Direct F3
holding USAP Stock Option (Right to Buy) 05 May 2021 Common Stock 4,500 $20.29 Direct F4
holding USAP Stock Option (Right to Buy) 05 May 2021 Common Stock 4,500 $19.41 Direct F5
holding USAP Stock Option (Right to Buy) 05 May 2021 Common Stock 4,000 $14.39 Direct F6
holding USAP Stock Option (Right to Buy) 05 May 2021 Common Stock 5,000 $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