SEC Form 4 · accession 0001234542-18-000014

UNIVERSAL STAINLESS & ALLOY PRODUCTS INC · USAP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

May 31, 2018

Accepted (ET)

Jun 4, 2018 · 4:37 pm EDT

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
Common Stock^F1	May 31, 2018	A	1,712	$0.00	A	21,155	D
Common Stock	May 31, 2018	M	2,500	$12.20	A	23,655	D
Common Stock	May 31, 2018	M	2,500	$10.20	A	26,155	D
Common Stock^F2	May 31, 2018	S	5,000	$23.9234	D	21,155	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F3	$23.92	May 31, 2018	A	1,250	A	—	May 31, 2028	Common Stock	1,250	1,250	D
Stock Option (Right to Buy)^F4	$12.20	May 31, 2018	M	2,500	A	—	Nov 30, 2018	Common Stock	2,500	0	D
Stock Option (Right to Buy)^F5	$10.20	May 31, 2018	M	2,500	A	—	Feb 28, 2019	Common Stock	2,500	0	D

F1Shares underlying Restricted Stock Units which may be settled solely in shares of the issuer's common stock. Vesting occurs in 1/3 increments on the first three anniversary dates.
F2This represents the weighted average price paid for the shares. The shares were sold at prices ranging from $23.90 to $24.02. Mr. Kornblatt will provide upon request of the SEC staff, Universal Stainless & Alloy Products, Inc. or a Shareholder of Universal Stainless & Alloy Products, Inc., complete information regarding the number of shares sold at each price within the range.
F3417 options exercisable 05/31/2019 417 options exercisable 05/31/2020 416 options exercisable 05/31/2021
F4825 options exercisable 11/30/2009 825 options exercisable 11/30/2010 850 options exercisable 11/30/2011
F5825 options exercisable 02/28/2010 825 options exercisable 02/28/2011 850 options exercisable 02/28/2012