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

Role: President and Chief Executive, Director
Signature: John Arminas AIF
Issuer symbol: N/A
Transactions as of: 19 Nov 2024
Net transactions value: -$17.43
Form type: 4
Filing time: 20 Nov 2024, 16:40:29 UTC
Previous filing: 08 Jan 2024
Next filing: 23 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USAP	Common Stock	Options Exercise	$196,050	+7,500	+4.5%	$26.14	174,140	19 Nov 2024	Direct	F1
transaction	USAP	Common Stock	Tax liability	$196,067	-4,449	-2.6%	$44.07	169,691	19 Nov 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	+7,500		$0.000000	0	19 Nov 2024	Common Stock	7,500	$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.