Please wait
Exhibit 99.(a)(1)(k)
 
Note: The past performance of the Company's stock is no guarantee of its likely future performance.  Please read the "Offer to Exchange" carefully before making your election. 
This offier expires June 12, 2007.
Exhibit A
Participant Summary
 

 
Alternative Stock Price Scenarios
SYPR’s closing price on 5-11-07:
 
$7.90
$7.90
 
$7.90
$7.90
 
$7.90
$7.90
If SYPR’s stock price is:
$9.00
$9.00
$9.00
$15.00
$15.00
$15.00
$21.00
$21.00
$21.00
After tax (assumed tax rate of 40%):
60%
60%
60%
60%
60%
60%
60%
60%
60%

 
* Grant Expiration
Participant .
Shares
Grant Price
Granted
1
(Vested)
No Change
2
New
Options
3
New
Stock
1 - No Change
2 - New
Options
3 - New
Stock
1 - No Change
2 - New
Options
3 - New
Stock
1 - No Change
2 - New
Options
3 - New
Stock
 
2/27/01
2/26/2009
25,000
$ 6.25
25,000
25,000
-
-
$ 41,250
$ -
$ -
$131,250
$ -
$ -
$ 221,250
$ -
$ -
 
2/25/03
2/24/2011
2,400
$ 8.25
2,400
1,440
-
-
$ 1,080
$ -
$ -
$ 9,720
$ -
$ -
$ 18,360
$ -
$ -
 
2/25/03
2/24/2011
10,000
$ 8.25
10,000
6,000
-
-
$ 4,500
$ -
$ -
$ 40,500
$ -
$ -
$ 76,500
$ -
$ -
 
2/26/03
2/25/2011
39,000
$ 8.27
39,000
23,400
-
-
$ 17,082
$ -
$ -
$157,482
$ -
$ -
$ 297,882
$ -
$ -
 
3/2/06
3/1/2012
12,500
$ 10.36
12,500
-
-
-
$ -
$ -
$ -
$ 34,800
$ -
$ -
$ 79,800
$ -
$ -
 
 
 
 
Not Eligible:
88,900
55,840
   
$ 63,912
 
 
$373,752
 
 
$ 693,792
 
 
 
12/31/05
12/30/2011
7,500
$ 9.98
7,500
7,500
6,378
2,021
$ -
$ 8,993
$ 12,813
$ 22,590
$ 31,954
$ 24,939
$ 49,590
$ 54,915
$ 37,065
 
2/22/00
2/21/2008
10,000
$ 10.50
10,000
10,000
1,255
397
$ -
$ 1,770
$ 2,517
$ 27,000
$ 6,288
$ 4,899
$ 63,000
$ 10,806
$ 7,281
 
7/1/05
6/30/2011
12,500
$ 11.92
12,500
12,500
8,002
2,535
$ -
$ 11,283
$ 16,072
$ 23,100
$ 40,090
$ 31,282
$ 68,100
$ 68,897
$ 46,492
 
2/26/02
2/25/2010
2,600
$ 13.50
2,600
2,600
910
288
$ -
$ 1,283
$ 1,826
$ 2,340
$ 4,559
$ 3,554
$ 11,700
$ 7,835
$ 5,282
 
2/26/02
2/25/2010
10,000
$ 13.50
10,000
10,000
3,502
1,109
$ -
$ 4,938
$ 7,031
$ 9,000
$ 17,545
$ 13,685
$ 45,000
$ 30,152
$ 20,339
 
7/1/02
6/30/2010
5,000
$ 16.03
5,000
5,000
1,490
472
$ -
$ 2,101
$ 2,992
$ -
$ 7,465
$ 5,824
$ 14,910
$ 12,829
$ 8,656
 
 
 
 
Eligible:
47,600
47,600
   
$ -
$ 30,367
$ 43,251
$ 84,030
$107,900
$ 84,183
$ 252,300
$185,434
$125,115

*In each unshaded box please indicate your election of: (1) no change, (2) new options, (3) new stock.
 
                                                                Participant Signature___________________________