SYPRIS SOLUTIONS INC — Director's Dealing 2021

Oct 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2021-10-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-12	Common Stock	M	200000	$1.06	Acquired	3104402	Direct
2021-10-12	Common Stock	F	97164	$4.26	Disposed	3007238	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-12	Stock Option (Right to Buy)	$1.06	M	200000	Disposed	2022-03-31	Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23975	Indirect
Common Stock	1918108.923	Indirect

Footnotes

F1: Shares withheld to pay exercise price and applicable withholding taxes.

F2: 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.

F3: Vesting is 100% on the third anniversary of the grant date.