Dennis M. Oates - Feb 22, 2022 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
President and Chief Executive
Signature
John Arminas (AIF)
Stock symbol
USAP
Transactions as of
Feb 22, 2022
Transactions value $
$74,975
Form type
4
Date filed
2/24/2022, 02:12 PM
Previous filing
Nov 15, 2021
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP USAP Common Stock Purchase $75K +8.19K +4.2% $9.15 203K Feb 22, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares acquired are pursuant to a stock award agreement at which the officer agreed to receive a portion of his 2021 Variable Incentive Compensation in USAP common stock at a 10% discount provided that the officer agreed not to trade or encumber the stock until the first anniversary date.