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

Signature
John Arminas AIF
Issuer symbol
N/A
Transactions as of
15 Feb 2023
Net transactions value
+$30,016
Form type
4
Filing time
28 Feb 2023, 10:26:31 UTC
Previous filing
28 Feb 2023
Next filing
08 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Purchase $30,016 +4,095 +16% $7.33 30,052 15 Feb 2023 Direct F1
transaction USAP Common Stock Award +4,300 +20% 25,957 10 Feb 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