Alan E. Smith - 31 Mar 2021 Form 4 Insider Report for GRAHAM CORP (GHM)

Role
VP & General Manager - Batavia
Signature
/s/ Jennifer R. Condame, Attorney-in-Fact for Alan E. Smith
Issuer symbol
GHM
Transactions as of
31 Mar 2021
Net transactions value
-$13,574
Form type
4
Filing time
02 Jun 2021, 16:57:21 UTC
Next filing
20 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHM Common Stock Disposed to Issuer $0 -2,387 -5.3% $0.000000 43,007 31 Mar 2021 Direct F1
transaction GHM Common Stock Disposed to Issuer $0 -3,156 -7.3% $0.000000 39,851 31 Mar 2021 Direct F2
transaction GHM Common Stock Tax liability $7,727 -526 -1.3% $14.69 39,325 29 May 2021 Direct F3
transaction GHM Common Stock Tax liability $5,847 -398 -1% $14.69 38,927 30 May 2021 Direct F3
transaction GHM Common Stock Award $0 +4,332 +11% $0.000000 43,259 01 Jun 2021 Direct F4
transaction GHM Common Stock Award $0 +8,664 +20% $0.000000 51,923 01 Jun 2021 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GHM Stock Option (Right to Buy) 6,059 31 Mar 2021 Common Stock 6,059 $18.65 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares forfeited under the terms of Mr. Smith's May 30, 2018 performance-vested restricted stock award.
F2 Shares forfeited under the terms of Mr. Smith's May 29, 2019 performance-vested restricted stock award.
F3 Shares withheld to cover tax withholding obligations upon the vesting of a restricted stock award.
F4 This time-vested restricted stock award was granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3.
F5 This performance-vested restricted stock award was granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and is subject to forfeiture if certain vesting conditions are not met. The number of shares reported assumes maximum achievement of the performance criteria.