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SYPRIS SOLUTIONS INC — Director's Dealing 2023
Mar 23, 2023
34630_dirs_2023-03-23_54aebd5e-1f92-44da-b15e-c148a1868fd2.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: 2023-03-21
Reporting Person: GILL JEFFREY T (Director, President and CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-21 | Common Stock | M | 200000 | $1.63 | Acquired | 3207238 | Direct |
| 2023-03-21 | Common Stock | F | 173694 | $2.03 | Disposed | 3033544 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-21 | Stock Option (right to buy) | $1.63 | M | 200000 | Disposed | 2023-04-01 | Common Stock (200000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| 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: Vesting is 100% on the third anniversary of the grant date.
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