Dennis M. Oates - Feb 15, 2023 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 15, 2023
Transactions value $
$50,027
Form type
4
Date filed
2/28/2023, 10:09 AM
Previous filing
Mar 8, 2023
Next filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Purchase $50K +6.83K +3.35% $7.33 210K Feb 15, 2023 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 2022 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.