SYPRIS SOLUTIONS INC — Director's Dealing 2023

Apr 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2023-04-01

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-01	Options (Right to Buy)	$1.97	A	200000	Acquired	2028-03-31	Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3033544	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 2020 Sypris Omnibus Plan.

F3: Grant date falls on a weekend, therefore exercise price is the closing price of Sypris common stock on the prior trading day.

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

F5: The only consideration for which is service as an employee.