GRAHAM CORP — Director's Dealing 2014

Aug 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAHAM CORP (GHM)
CIK: 0000716314
Period of Report: 2014-08-20

Reporting Person: Glajch Jeffrey (VP-Finance; CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-20	Common Stock	P	2500	$30.155	Acquired	47501	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$15.25	2020-05-20	Common Stock (1739)	1739	Direct
Stock Option (Right to Buy)	$18.65	2022-05-30	Common Stock (7141)	7141	Direct

Footnotes

F1: Includes 359 shares acquired under the Graham Corporation Employee Stock Purchase Plan.

F2: This option was previously reported by Mr. Glajch.

F3: This option was previously reported by Mr. Glajch and is exercisable 33 1/3% per year over three years beginning on the first anniversary of the 5/30/12 grant date.