SYPRIS SOLUTIONS INC — Director's Dealing 2018

Apr 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2018-04-01

Reporting Person: GILL JEFFREY T (Director, President and CEO, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-01	Options (Right to Buy)	$1.63	A	200000	Acquired	2023-04-01	Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2911902	Direct
Common Stock	23975	Indirect
Common Stock	1918108.923	Indirect

Footnotes

F1: Consists of limited partnership interests of GFP I, LP, a Delaware limited partnership. The reporting person, his spouse, and the trusts for the benefit of his three children are limited partners of GFP I, LP, and the reporting person is a director, executive officer and 50% shareholder in Gill Family Capital Management, Inc., the general partner of GFP I, LP.

F2: Options granted pursuant to the 2015 Sypris Omnibus Plan.

F3: The grant date for the option award was Sunday April 1, 2018 therefore the exercise price was based on the closing price of Thursday March 29, 2018 (the last trading day).

F4: Vesting is 100% on the third anniversary of the grant date.