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SYPRIS SOLUTIONS INC — Director's Dealing 2008
May 23, 2008
34630_dirs_2008-05-23_26822647-e461-4bf3-b247-7118d62c1555.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: 2008-05-13
Reporting Person: GILL ROBERT E (Director, Ch of Bd and 10% Owner, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-05-12 | Common Stock | S | 1999999.640 | — | Disposed | 771967.472 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500 | Indirect |
| Common Stock | 500 | Direct |
Footnotes
F1: In a cashless transaction, Robert E. Gill, the father of Jeffrey T. Gill, together with his wife, assigned a 30.53746% interest in GFP I, LP, a family limited partnership whose assets include a total of 3,274,666 shares of the common stock of Sypris Solutions, Inc., to Jeffrey T. Gill in exchange for his promissory notes totaling $2,858,335.60. In a simultaneous cashless transaction, Robert E. Gill, the father of R. Scott Gill, together with his wife, assigned a 30.53746% interest in GFP I, LP to R. Scott Gill in exchange for his promissory notes totaling $2,858,335.60.
F2: The reporting person and his wife are limited partners of GFP I, LP and own respectively , 11.33773% and 12.23620% of the total partnership interests in GFP I, LP.