GRAHAM CORP — Director's Dealing 2023

May 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAHAM CORP (GHM)
CIK: 0000716314
Period of Report: 2023-05-17

Reporting Person: Schnorr Lisa M. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-17	Restricted Stock Units	$0	A	6393	Acquired		Common Stock (6393)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20479	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock (6105)	6105	Direct

Footnotes

F1: These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the first anniversary of the date of grant and become payable in common stock upon separation of the Reporting Person's service as a director.

F2: These restricted stock units, which convert into common stock on a one-for-one basis, vest on the first anniversary of the date of grant, except as otherwise provided in the award notice.