Steven DiTommaso - Feb 15, 2023 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
Vice President and Chief Finan
Signature
John Arminas AIF
Stock symbol
USAP
Transactions as of
Feb 15, 2023
Transactions value $
$30,016
Form type
4
Date filed
2/28/2023, 10:26 AM
Previous filing
Feb 28, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Purchase $30K +4.1K +15.78% $7.33 30.1K Feb 15, 2023 Direct F1
transaction USAP Common Stock Award +4.3K +19.86% 26K Feb 10, 2023 Direct F1, F2
* 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.
F2 Award of Restricted Stock Units which vest 4,300 units on 2/10/2027