ASCENT INDUSTRIES CO. — Director's Dealing 2002

Oct 1, 2002

4 1 edgarfm4bowieoct1-02.htm GREGORY M. BOWIE FORM 4 DATED 10/01/2002 form4

FORM 4
£	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
(Print or Type Responses)

1. Name and Address of Reporting Person* Bowie Gregory B .	2. Issuer Name and Tickler or Trading Symbol Synalloy Corporation SYNC
							Director	10% Owner
						x	Officer (give title below)	Other (specify below)
						Vice President, Finance
(Last) (First) (Middle) PO Box 5627	3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)		4. Statement for Trade Date 10/1/2002			7. Individual or Joint/Group Filing (Check Applicable Line)
			5. If Amendment, Date of Original (Month/Year)			X	Form filed by One Reporting Person
(Street) Spartanburg, SC 29304							Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	3. Transaction Code (Instr.8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
		Code	V	Amount	(A) or (D)	Price
Common Stock	10/1/2002	P		2,000	A	$2.10	7,100	I	IRA
							3,050	D
							1,738	I	401(k)

FORM 4 (continued) — 1. Title of Derivative Security (Instr. 3)	4. Transaction Code (Instr.8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned at End of Month (Instr. 4)	10. Ownership Form of Derivative Securities Beneficially Owned at End of Month (Instr. 4)
	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (right to buy) 1988 Stock Option Plan									45,000	D

Explanation of Responses:

	**Signature of Reporting Person
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
	See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, s ee Instruction 6 for procedure.