GRAHAM CORP — Director's Dealing 2018

Jun 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAHAM CORP (GHM)
CIK: 0000716314
Period of Report: 2018-05-30

Reporting Person: Smith Alan E (VP & General Manager - Batavia)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-30	Common Stock	A	2387	—	Acquired	34685	Direct
2018-05-30	Common Stock	A	4774	—	Acquired	39459	Direct
2018-05-31	Common Stock	F	384	$25.51	Disposed	39075	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$15.22	2019-05-28	Common Stock (3571)	3571	Direct
Stock Option (Right to Buy)	$15.25	2020-05-20	Common Stock (3118)	3118	Direct
Stock Option (Right to Buy)	$18.65	2022-05-30	Common Stock (6059)	6059	Direct

Footnotes

F1: This time-vested restricted stock award was granted under the Amended and Restated 2000 Graham Corporation Incentive Plan to Increase Shareholder Value in a transaction exempt under Rule 16b-3.

F2: This performance-vested restricted stock award was granted under the Amended and Restated 2000 Graham Corporation Incentive Plan to Increase Shareholder Value in a transaction exempt under Rule 16b-3 and is subject to forfeiture if certain vesting conditions are not met. The number of shares reported assumes maximum achievement of the performance criteria.

F3: Shares withheld to cover tax withholding obligations upon the vesting of a restricted stock award.

F4: This option was previously reported by Mr. Smith.