SYPRIS SOLUTIONS INC - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2006-09-14

Reporting Person: PETERSEN SIDNEY R/CA (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-14	Common Stock	M	1919	$7.52	Acquired	13513	Direct
2006-09-14	Common Stock	S	400	$8.12	Disposed	13113	Direct
2006-09-14	Common Stock	S	100	$8.11	Disposed	13013	Direct
2006-09-14	Common Stock	S	100	$8.03	Disposed	12913	Direct
2006-09-14	Common Stock	S	100	$8.01	Disposed	12813	Direct
2006-09-14	Common Stock	S	100	$7.99	Disposed	12713	Direct
2006-09-14	Common Stock	S	100	$7.98	Disposed	12613	Direct
2006-09-14	Common Stock	S	100	$7.96	Disposed	12513	Direct
2006-09-14	Common Stock	S	198	$7.93	Disposed	12315	Direct
2006-09-14	Common Stock	S	100	$7.92	Disposed	12215	Direct
2006-09-14	Common Stock	S	200	$7.88	Disposed	12015	Direct
2006-09-14	Common Stock	S	121	$7.87	Disposed	11894	Direct
2006-09-14	Common Stock	S	300	$7.86	Disposed	11594	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-14	Options (Right to Buy)	$7.52	M	1919	Disposed	2006-09-30	Common Stock (1919)	Direct

F1: Options granted pursuant to the Independent Directors' Stock Option Plan adopted on October 27, 1994.