M. David Kornblatt - 27 Nov 2024 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
Director
Signature
John Arminas AIF
Issuer symbol
USAP
Transactions as of
27 Nov 2024
Transactions value $
-$11
Form type
4
Date filed
04 Dec 2024, 11:43
Previous filing
04 Sep 2024
Next filing
23 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Options Exercise $61K +2.5K +4.93% $24.38 53.2K 27 Nov 2024 Direct
transaction USAP Common Stock Tax liability -$61K -1.37K -2.58% $44.40 51.9K 27 Nov 2024 Direct F1

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 Stock Option Options Exercise $0 +2.5K $0.00 2.5K 27 Nov 2024 Common Stock 2.5K $24.38 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 November 26, 2024, of $44.40.
F2 825 options became exercisable 11/30/2015 825; options became exercisable 11/30/2016; and 850 options became exercisable 11/30/2017