CHRISTOPHER L. AYERS - 31 May 2024 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC

Role
Director
Signature
John Arminas AIF
Issuer symbol
N/A
Transactions as of
31 May 2024
Net transactions value
-$75,365
Form type
4
Filing time
14 Jun 2024, 16:15:40 UTC
Previous filing
10 May 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Options Exercise $0 +2,500 +5.2% $0.000000 50,372 31 May 2024 Direct F1
transaction USAP Common Stock Tax liability $75,365 -2,241 -4.4% $33.63 48,131 31 May 2024 Direct

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 USAP Common Stock Options Exercise $0 +2,500 $0.000000* 0 31 May 2024 Common Stock 2,500 $30.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on May 30, 2024, of $33.63.
F2 Award granted under the Omnibus Incentive Plan.