Home/Filings/4/0001181431-07-040014
4//SEC Filing

SYPRIS SOLUTIONS INC 4

Accession 0001181431-07-040014

$SYPRCIK 0000864240operating

Filed

Jun 13, 8:00 PM ET

Accepted

Jun 14, 12:51 PM ET

Size

17.4 KB

Accession

0001181431-07-040014

Insider Transaction Report

Form 4
Period: 2007-06-12
Transactions
  • Award

    Option (Right to Buy)

    2007-06-12+2,9312,931 total
    Exercise: $7.90From: 2007-05-14Exp: 2011-05-13Common Stock (2,931 underlying)
  • Disposition to Issuer

    Option (Right to Buy)

    2007-06-125,0000 total
    Exercise: $17.25Exp: 2012-03-31Common Stock (5,000 underlying)
  • Disposition to Issuer

    Option (Right to Buy)

    2007-06-1212,5000 total
    Exercise: $11.92Exp: 2011-06-30Common Stock (12,500 underlying)
  • Award

    Option (Right to Buy)

    2007-06-12+9,6489,648 total
    Exercise: $7.90From: 2007-05-14Exp: 2011-05-13Common Stock (9,648 underlying)
Holdings
  • Common Stock

    33,938
  • Common Stock

    (indirect: By Spouse)
    1,000
Footnotes (5)
  • [F1]On June 12, 2007, the issuer accepted for exchange, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on July 1, 2005 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 9,648 having an exercise price equal to $7.90.
  • [F2]On June 12, 2007, the issuer accepted for exchange, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on April 1, 2004 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 2,931 having an exercise price equal to $7.90.
  • [F3]Canceled option provided for vesting in increments of 30%, 30%, and 40% on the third, fourth and fifth anniversary date, respectively beginning on July 1, 2008. On December 31, 2005, by action of the Board of Directors, option was accelerated to immediately vest.
  • [F4]Canceled option provided for vesting in five equal installments beginning on April 1, 2006. On March 11, 2005, by action of the Board of Directors, option was accelerated to immediately vest.
  • [F5]The total number of shares held directly was previously reported to included 1,000 shares held by spouse.

Issuer

SYPRIS SOLUTIONS INC

CIK 0000864240

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000864240

Filing Metadata

Form type
4
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 12:51 PM ET
Size
17.4 KB