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SYPRIS SOLUTIONS INC Director's Dealing 2007

Jun 13, 2007

34630_dirs_2007-06-13_0a79e54c-b32f-441a-ba64-5b7c297fb4a7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SROKA ROBERT (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-06-12 Option (Right to Buy) $8.00 D 2293 Disposed 2011-07-01 Common Stock (2293) Direct
2007-06-12 Option (Right to Buy) $8.35 D 3194 Disposed 2016-09-30 Common Stock (3194) Direct
2007-06-12 Option (Right to Buy) $8.75 D 1749 Disposed 2010-10-01 Common Stock (1749) Direct
2007-06-12 Option (Right to Buy) $9.13 D 10000 Disposed 2008-06-23 Common Stock (10000) Direct
2007-06-12 Option (Right to Buy) $9.19 D 1897 Disposed 2009-06-27 Common Stock (1897) Direct
2007-06-12 Option (Right to Buy) $9.30 D 6000 Disposed 2013-04-28 Common Stock (6000) Direct
2007-06-12 Option (Right to Buy) $9.43 D 3151 Disposed 2016-03-31 Common Stock (3151) Direct
2007-06-12 Option (Right to Buy) $9.45 D 3559 Disposed 2016-06-30 Common Stock (3559) Direct
2007-06-12 Option (Right to Buy) $9.63 D 1275 Disposed 2009-09-26 Common Stock (1275) Direct
2007-06-12 Option (Right to Buy) $9.63 D 10000 Disposed 2010-05-01 Common Stock (10000) Direct
2007-06-12 Option (Right to Buy) $9.98 D 3009 Disposed 2015-12-30 Common Stock (3009) Direct
2007-06-12 Option (Right to Buy) $9.98 D 6000 Disposed 2015-12-30 Common Stock (6000) Direct
2007-06-12 Option (Right to Buy) $10.00 D 1441 Disposed 2011-09-30 Common Stock (1441) Direct
2007-06-12 Option (Right to Buy) $10.00 D 1530 Disposed 2010-03-26 Common Stock (1530) Direct
2007-06-12 Option (Right to Buy) $10.01 D 6000 Disposed 2015-04-25 Common Stock (6000) Direct
2007-06-12 Option (Right to Buy) $7.90 A 2597 Acquired 2011-05-13 Common Stock (2597) Direct
2007-06-12 Option (Right to Buy) $7.90 A 4703 Acquired 2011-05-13 Common Stock (4703) Direct
2007-06-12 Option (Right to Buy) $7.90 A 1691 Acquired 2011-05-13 Common Stock (1691) Direct
2007-06-12 Option (Right to Buy) $7.90 A 4831 Acquired 2011-05-13 Common Stock (4831) Direct
2007-06-12 Option (Right to Buy) $7.90 A 1358 Acquired 2011-05-13 Common Stock (1358) Direct
2007-06-12 Option (Right to Buy) $7.90 A 7205 Acquired 2011-05-13 Common Stock (7205) Direct
2007-06-12 Option (Right to Buy) $7.90 A 4375 Acquired 2011-05-13 Common Stock (4375) Direct
2007-06-12 Option (Right to Buy) $7.90 A 4980 Acquired 2011-05-13 Common Stock (4980) Direct
2007-06-12 Option (Right to Buy) $7.90 A 920 Acquired 2011-05-13 Common Stock (920) Direct
2007-06-12 Option (Right to Buy) $7.90 A 8246 Acquired 2011-05-13 Common Stock (8246) Direct
2007-06-12 Option (Right to Buy) $7.90 A 4046 Acquired 2011-05-13 Common Stock (4046) Direct
2007-06-12 Option (Right to Buy) $7.90 A 8069 Acquired 2011-05-13 Common Stock (8069) Direct
2007-06-12 Option (Right to Buy) $7.90 A 1425 Acquired 2011-05-13 Common Stock (1425) Direct
2007-06-12 Option (Right to Buy) $7.90 A 1187 Acquired 2011-05-13 Common Stock (1187) Direct
2007-06-12 Option (Right to Buy $7.90 A 7803 Acquired 2011-05-13 Common Stock (7803) Direct

Footnotes

F1: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on July 1, 2001 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 2,597 shares having an exercise price equal to $7.90.

F2: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on October 1, 2006 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,703 shares having an exercise price equal to $7.90.

F3: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on October 2, 2000 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 1,691 shares having an exercise price equal to $7.90.

F4: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on June 24, 1998 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,831 shares having an exercise price equal to $7.90.

F5: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on June 28, 1999 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 1,358 shares having an exercise price equal to $7.90.

F6: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on April 29, 2003 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 7,205 shares having an exercise price equal to $7.90.

F7: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on April 1, 2006 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,375 shares having an exercise price equal to $7.90.

F8: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on July 1, 2006 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,980 shares having an exercise price equal to $7.90.

F9: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on September 27, 1999 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 920 shares having an exercise price equal to $7.90.

F10: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on May 2, 2000 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 8,246 shares having an exercise price equal to $7.90.

F11: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on December 31, 2005 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,046 shares having an exercise price equal to $7.90.

F12: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on December 31, 2005 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 8,069 shares having an exercise price equal to $7.90.

F13: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on October 1, 2001 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 1,425 shares having an exercise price equal to $7.90.

F14: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on March 27, 2000 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 1,187 shares having an exercise price equal to $7.90.

F15: On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on April 26, 2005 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 7,803 shares having an exercise price equal to $7.90.