Wendel Crosby - Nov 5, 2024 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
V.P. of Manufacturing
Signature
John Arminas AIF
Stock symbol
USAP
Transactions as of
Nov 5, 2024
Transactions value $
-$1,063,654
Form type
4
Date filed
11/7/2024, 05:18 PM
Previous filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Options Exercise $105K +4K +5.83% $26.14 72.6K Nov 5, 2024 Direct
transaction USAP Common Stock Options Exercise $32.6K +3.55K +4.88% $9.19 76.2K Nov 5, 2024 Direct
transaction USAP Common Stock Options Exercise $91.3K +4.5K +5.91% $20.29 80.7K Nov 5, 2024 Direct
transaction USAP Common Stock Sale -$1.06M -24K -29.8% $44.23 56.6K Nov 5, 2024 Direct F4

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
transaction USAP Stock Option Options Exercise -$105K -4K -100% $26.14 0 Nov 5, 2024 Common Stock 4K $26.14 Direct F1
transaction USAP Stock Option Options Exercise -$32.6K -3.55K -78.82% $9.19 953 Nov 5, 2024 Common Stock 3.55K $9.19 Direct F2
transaction USAP Stock Option Options Exercise -$91.3K -4.5K -100% $20.29 0 Nov 5, 2024 Common Stock 4.5K $20.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,000 options exercisable 11/19/2015 1,000 options exercisable 11/19/2016 1,000 options exercisable 11/19/2017 1,000 options exercisable 11/19/2018
F2 1,125 options exercisable 11/10/2017; 1,125 options exercisable 11/10/2018; 1,125 options exercisable 11/10/2019 and 1,125 options exercisable 11/10/2020
F3 1,125 options exercisable 11/9/2018; 1,125 options exercisable 11/9/2019; 1,125 options exercisable 11/9/2020 and 1,125 options exercisable 11/9/2021
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $44.20 to $44.30 inclusive. The reporting person undertakes to provide Universal Stainless & Alloy Products, Inc. (the "Company"), any security holder of Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.