SYPRIS SOLUTIONS INC — Director's Dealing 2007

Jun 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2007-06-25

Reporting Person: De Carvalho Sergio L (VP and Pres. of Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-25	Common Stock	A	30000	—	Acquired	30000	Direct
2007-06-25	Common Stock	A	20000	—	Acquired	50000	Direct

Footnotes

F1: Restricted Stock Grant, pursuant to the 2004 Sypris Equity Plan, vesting in approximately one-thrid increments on the third, fifth and seventh anniversaries of the grant date, respectively.

F2: Restricted Stock Grant, pursuant to the 2004 Sypris Equity Plan, vesting 30% on the third and fourth anniversaries of the grant date and 40% on the fifth anniversary of the grant date.