Lutes Brian A. 4
4 · SYPRIS SOLUTIONS INC · Filed Aug 31, 2012
Insider Transaction Report
Form 4
Lutes Brian A.
VP & CFO
Transactions
- Disposition to Issuer
Common Stock
2012-08-30$6.77/sh−25,000$169,250→ 107,276 total
Footnotes (1)
- [F1]Shares of Sypris Solutions common stock were sold back to the Company pursuant to the Executive Equity Repurchase Program ("Program"). Under the terms of the Program participants are generally required to offer the Company the right to purchase any shares of the Company's common stock prior to selling in the open market. Under the Program, the price per share is the average of the closing prices for the Company's common stock on the five trading days ending one trading day prior to the Sale Notice delivered by the participant to the Company.