|
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
|
|||