SYPRIS SOLUTIONS INC — Director's Dealing 2007

Jun 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2007-06-12

Reporting Person: PETERSEN SIDNEY R/CA (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-12	Common Stock	M	2500	$5.12	Acquired	52635	Direct
2007-06-12	Common Stock	M	3097	$5.64	Acquired	55732	Direct
2007-06-12	Common Stock	S	2100	$8.13	Disposed	53632	Direct
2007-06-12	Common Stock	S	100	$8.18	Disposed	53532	Direct
2007-06-12	Common Stock	S	100	$8.15	Disposed	53432	Direct
2007-06-12	Common Stock	S	95	$8.13	Disposed	53337	Direct
2007-06-12	Common Stock	S	100	$8.29	Disposed	53237	Direct
2007-06-12	Common Stock	S	300	$8.14	Disposed	52937	Direct
2007-06-12	Common Stock	S	100	$8.19	Disposed	52837	Direct
2007-06-12	Common Stock	S	100	$8.18	Disposed	52737	Direct
2007-06-12	Common Stock	S	100	$8.16	Disposed	52637	Direct
2007-06-12	Common Stock	S	100	$8.14	Disposed	52537	Direct
2007-06-12	Common Stock	S	100	$8.29	Disposed	52437	Direct
2007-06-12	Common Stock	S	100	$8.17	Disposed	52337	Direct
2007-06-12	Common Stock	S	200	$8.25	Disposed	52137	Direct
2007-06-12	Common Stock	S	60	$8.28	Disposed	52077	Direct
2007-06-12	Common Stock	S	100	$8.13	Disposed	51977	Direct
2007-06-12	Common Stock	S	100	$8.25	Disposed	51877	Direct
2007-06-12	Common Stock	S	100	$8.16	Disposed	51777	Direct
2007-06-12	Common Stock	S	100	$8.18	Disposed	51677	Direct
2007-06-12	Common Stock	S	100	$8.17	Disposed	51577	Direct
2007-06-12	Common Stock	S	300	$8.19	Disposed	51277	Direct
2007-06-12	Common Stock	S	100	$8.24	Disposed	51177	Direct
2007-06-12	Common Stock	S	100	$8.15	Disposed	51077	Direct
2007-06-12	Common Stock	S	100	$8.25	Disposed	50977	Direct
2007-06-12	Common Stock	S	200	$8.25	Disposed	50777	Direct
2007-06-12	Common Stock	S	100	$8.25	Disposed	50677	Direct
2007-06-12	Common Stock	S	100	$8.28	Disposed	50577	Direct
2007-06-12	Common Stock	S	100	$8.28	Disposed	50477	Direct
2007-06-12	Common Stock	S	100	$8.26	Disposed	50377	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-12	Option (Right to Buy)	$5.12	M	2500	Disposed	2007-06-24	Common Stock (2500)	Direct
2007-06-12	Option (Right to Buy)	$5.64	M	3097	Disposed	2007-06-29	Common Stock (3097)	Direct