SEC Form 4 · accession 0001234542-16-000059
UNIVERSAL STAINLESS & ALLOY PRODUCTS INC · USAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A McGrath
Officer — VP Admin, Gen. Counsel & Secy
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 3:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000931584
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 4, 2016 | P | 1,922 | $7.425 | A | 17,586 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares acquired are pursuant to a stock award agreement in which the officer agreed to receive a portion of his 2015 Variable Incentive Compensation in USAP common stock at a 10% discount provided that the officer agreed not to trade or encumber the stock until the first anniversary date.