ASCENT INDUSTRIES CO. — Director's Dealing 2003

Jan 6, 2003

5 1 vinsonform5jan6-03.htm YEAR END 2002 FORM 5 - C. D. VINSON form5

FORM 5
£	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
£	Form 3 Holdings Reported
£	Form 4 Transactions Reported

1. Name and Address of Reporting Person* Vinson Carroll D.	2. Issuer Name and Tickler or Trading Symbol Synalloy Corporation SYNC
					X	Director	10% Owner
						Officer (give title below)	Other (specify below)
(Last) (First) (Middle) 13 Latour Way	3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)		4. Statement for Month/Year December 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) Greer, SC 29650						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)
			Amount	(A) or (D)	Price
Common Stock					1,350	D
Common Stock					1,575	I	*By Spouse
Common Stock					10,000	I	**By Family Partnership

• If the form is filed by more than one reporting person, see instruction 4(b)(v).

FORM 5 (continued) — 1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	Table II ` Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) — 3. Transaction Date (Month/Day/Year)	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 Year (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
				(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
1994 Non-Employee Directors Stock Option Plan	$4.65	4/25/02	A	1,500		4/25/02	4/25/2012	Common Stock	1,500	13,500	D

Explanation of Responses: I expressly disclaim beneficial ownership of these securities and filing this report shall not be construed as an admission of beneficial ownership thereof for purposes of Section 16 of the Securities Act, or otherwise. *Reflects all shares owned by Family Partnership. Reporting person expressly disclaims beneficial ownership in the shares that do not reflect his pro rata interest in the partnership.

	**Signature of Reporting Person /s/ Cheryl C. Carter, Power of Attorney for Carroll D. Vinson
**	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.