Alan E. Smith - 23 May 2023 Form 4 Insider Report for GRAHAM CORP (GHM)

Role
VP & General Manager - Batavia
Signature
/s/ Christina McLeod, Attorney-in-Fact for Alan E. Smith
Issuer symbol
GHM
Transactions as of
23 May 2023
Net transactions value
-$14,866
Form type
4
Filing time
24 May 2023, 16:44:04 UTC
Previous filing
18 May 2023
Next filing
12 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHM Common Stock Options Exercise $0 +3,052 +5.3% $0.000000 61,051 23 May 2023 Direct F1
transaction GHM Common Stock Tax liability $14,866 -1,262 -2.1% $11.78 59,789 23 May 2023 Direct F2

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
transaction GHM Restricted Stock Units Options Exercise $0 -3,052 -33% $0.000000 6,106 23 May 2023 Common Stock 3,052 $0.000000 Direct F1, F3
holding GHM Restricted Stock Units 7,123 23 May 2023 Common Stock 7,123 $0.000000 Direct F1, F4
holding GHM Restricted Stock Units 18,315 23 May 2023 Common Stock 18,315 $0.000000 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units convert into common stock on a one-for-one basis.
F2 Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units.
F3 One-third of the original grant of these restricted stock units vested on May 23, 2023, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 5/23/2024 and 5/23/2025.
F4 One-third of these restricted stock units will vest on each of 5/17/2024, 5/17/2025 and 5/17/2026, except as otherwise provided in the award notice.
F5 These restricted stock units will vest on 5/23/2025, the third anniversary of the grant date, except as otherwise provided in the award notice.