Alan E. Smith - Mar 31, 2021 Form 4 Insider Report for GRAHAM CORP (GHM)

Role
VP & General Manager - Batavia
Signature
/s/ Jennifer R. Condame, Attorney-in-Fact for Alan E. Smith
Stock symbol
GHM
Transactions as of
Mar 31, 2021
Transactions value $
-$13,574
Form type
4
Date filed
6/2/2021, 04:57 PM
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHM Common Stock Disposed to Issuer $0 -2.39K -5.26% $0.00 43K Mar 31, 2021 Direct F1
transaction GHM Common Stock Disposed to Issuer $0 -3.16K -7.34% $0.00 39.9K Mar 31, 2021 Direct F2
transaction GHM Common Stock Tax liability -$7.73K -526 -1.32% $14.69 39.3K May 29, 2021 Direct F3
transaction GHM Common Stock Tax liability -$5.85K -398 -1.01% $14.69 38.9K May 30, 2021 Direct F3
transaction GHM Common Stock Award $0 +4.33K +11.13% $0.00 43.3K Jun 1, 2021 Direct F4
transaction GHM Common Stock Award $0 +8.66K +20.03% $0.00 51.9K Jun 1, 2021 Direct F5

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
holding GHM Stock Option (Right to Buy) 6.06K Mar 31, 2021 Common Stock 6.06K $18.65 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares forfeited under the terms of Mr. Smith's May 30, 2018 performance-vested restricted stock award.
F2 Shares forfeited under the terms of Mr. Smith's May 29, 2019 performance-vested restricted stock award.
F3 Shares withheld to cover tax withholding obligations upon the vesting of a restricted stock award.
F4 This time-vested restricted stock award was granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3.
F5 This performance-vested restricted stock award was granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and is subject to forfeiture if certain vesting conditions are not met. The number of shares reported assumes maximum achievement of the performance criteria.