Christopher M. Zimmer - Nov 19, 2024 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
President and Chief Executive, Director
Signature
John Arminas AIF
Stock symbol
USAP
Transactions as of
Nov 19, 2024
Transactions value $
-$17
Form type
4
Date filed
11/20/2024, 04:40 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 $196K +7.5K +4.5% $26.14 174K Nov 19, 2024 Direct F1
transaction USAP Common Stock Tax liability -$196K -4.45K -2.55% $44.07 170K Nov 19, 2024 Direct F2

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 $0 +7.5K $0.00 0 Nov 19, 2024 Common Stock 7.5K $26.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 250 shares acquired in non-reportable transactions through the Company's employee stock purchase plan
F2 Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on November 18, 2024, of $44.07.
F3 1875 options became exercisable 11/19/2015, 1875 options became exercisable 11/19/2016, 1875 options became exercisable 11/19/2017 and 1875 became options exercisable 11/19/2018.