SIFCO INDUSTRIES INC — Director's Dealing 2011

Feb 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIFCO INDUSTRIES INC (sif)
CIK: 0000090168
Period of Report: 2011-02-23

Reporting Person: CAPPELLO FRANK A (Vice President Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	SIFCO Industries, Inc. Common Stock	S	105	$16.35	Disposed	6657	Direct
2011-02-24	SIFCO Industries, Inc. Common Stock	S	1200	$16.27	Disposed	5457	Direct
2011-02-25	SIFCO Industries, Inc. Common Stock	S	450	$16.35	Disposed	5007	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock options - right to purchase SIFCO common stock	$5.5	2012-04-30	SIFCO Industries, Inc. common stock (10000)	10000	Direct
Stock options - right to purchase SIFCO common stock	$3.5	2013-11-03	SIFCO Industries, Inc. common stock (10000)	10000	Direct
Stock options - right to purchase SIFCO common stock	$3.74	2015-07-26	SIFCO Industries, Inc. common stock (6000)	6000	Direct

Footnotes

F1: 25% of options awarded vested on this date. The balance of the award vested 25% per year on this date in each of the next three (3) years.