SYPRIS SOLUTIONS INC — Director's Dealing 2006

Jul 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2006-07-01

Reporting Person: PETERSEN SIDNEY R/CA (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-01	Options (Right to buy)	$9.45	A	2694	Acquired	2016-06-30	Common Stock (2694)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11594	Direct

Footnotes

F1: Options granted pursuant to the 2004 Sypris Equity Plan.