Alan E. Smith - 23 May 2024 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 2024
Net transactions value
-$31,170
Form type
4
Filing time
28 May 2024, 16:33:12 UTC
Previous filing
21 May 2024
Next filing
04 Jun 2024
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 +3,053 +6% $0.000000 54,090 23 May 2024 Direct F1
transaction GHM Common Stock Tax liability $31,170 -1,096 -2% $28.44 52,994 23 May 2024 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 -3,053 -50% $0.000000 3,053 23 May 2024 Common Stock 3,053 $0.000000 Direct F1, F3
holding GHM Restricted Stock Units 4,749 23 May 2024 Common Stock 4,749 $0.000000 Direct F1, F4
holding GHM Restricted Stock Units 18,315 23 May 2024 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 Two-thirds of the original grant of these restricted stock units vested in substantially equal installments on each of 5/23/2023 and 5/23/2024, and except as otherwise provided in the award notice, the balance vests on 5/23/2025.
F4 One-third of the original grant of these restricted stock units vested on 5/17/2024, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 5/17/2025 and 5/17/2026.
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.