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SYPRIS SOLUTIONS INC Director's Dealing 2010

Aug 19, 2010

34630_dirs_2010-08-19_8bb610fe-b370-49e1-abf7-4c4513109930.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: 2010-08-18

Reporting Person: GILL ROBERT E (Director, Chairman of Board, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-18 Common Stock S 351681.122 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 16000 Direct

Footnotes

F1: In a cashless transaction, Robert E. Gill, the father of Jeffrey T. Gill, assigned a 5.36973% 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 note totaling $394,966.57. In a simultaneous cashless transaction, Robert E. Gill, the father of R. Scott. Gill, assigned a 5.36973% 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 R. Scott Gill in exchange for his promissory note totaling $394,966.57.