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SYPRIS SOLUTIONS INC — Director's Dealing 2008
May 13, 2008
34630_dirs_2008-05-13_4301309e-b1cf-4f39-bdb0-5ee0dfac9eee.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: 2008-05-12
Reporting Person: SROKA ROBERT (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-05-12 | Option (Right to Buy) | $5.94 | D | 2935 | Disposed | 2008-12-31 | Common Stock (2935) | Direct |
| 2008-05-12 | Option(Right to Buy) | $6.97 | D | 5000 | Disposed | 2016-12-28 | Common Stock (5000) | Direct |
| 2008-05-12 | Option (Right to Buy) | $8.00 | D | 2558 | Disposed | 2008-02-27 | Common Stock (2558) | Direct |
| 2008-05-12 | Option (Right to Buy) | $4.31 | A | 565 | Acquired | 2012-03-30 | Common Stock (565) | Direct |
| 2008-05-12 | Option (Right to Buy) | $4.31 | A | 5779 | Acquired | 2012-03-30 | Common Stock (5779) | Direct |
| 2008-05-12 | Option (Right to Buy) | $4.31 | A | 43 | Acquired | 2012-03-30 | Common Stock (43) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7453 | Direct |
Footnotes
F1: On May 12, 2008, the issuer canceled, pursuant to the 2008 Stock Option Exchange Program, an option grant awarded on January 1, 1999 to the reporting person. In exchange for this option grant, the reporting person received a replacement option (reported herein), on May 12, 2008 for 565 shares having an exercise price equal to $4.31.
F2: On May 12, 2008, the issuer canceled, pursuant to the 2008 Stock Option Exchange Program, an option grant awarded on December 29, 2006 to the reporting person. In exchange for this option grant, the reporting person received a replacement option (reported herein), on May 12, 2008 for 5,779 shares having an exercise price equal to $4.31.
F3: On May 12, 2008, the issuer canceled, pursuant to the 2008 Stock Option Exchange Program, an option grant awarded on September 28, 1998 to the reporting person. In exchange for this option grant, the reporting person received a replacement option (reported herein), on May 12, 2008 for 43 shares having an exercise price equal to $4.31.