Graham Corporation Annual report pursuant to Section 13 and 15(d)

Stock Compensation Plans (Tables)

12 Months Ended

Mar. 31, 2024

The following table summarizes information about the Company's stock option awards during, fiscal 2023 and fiscal 2022:


				Weighted
	Shares			Average		Weighted	Aggregate
	Under			Exercise		Average Remaining	Intrinsic
	Option			Price		Contractual Term	Value
Outstanding at March 31, 2021		37			18.92
Exercised		—
Expired		(4	)		21.19
Outstanding at March 31, 2022		33			18.65
Exercised		—
Expired		(33	)		18.65
Outstanding at March 31, 2023		—

Vested or expected to vest at March 31, 2023		—

Exercisable at March 31, 2023		—

Stock-based compensation cost and the related tax benefits were as follows:

The following grants of restricted stock units ("RSUs"), performance stock units ("PSUs"), and restricted stock awards ("RSAs") were awarded:

(1) Subject to the terms of the applicable award.

The following table summarizes information about the Company's RSAs, RSUs, and PSUs granted during fiscal 2024, fiscal 2023 and fiscal 2022:


	Number of RSAs, RSUs and PSUs			Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested at March 31, 2021		165			20.56
Granted		164			18.29
Vested		(58	)		18.15
Forfeited		(112	)		21.29
Non-vested at March 31, 2022		159			18.59
Granted		238			8.51
Vested		(35	)		8.14
Forfeited		(57	)		18.86
Non-vested at March 31, 2023		305			11.09
Granted		157			10.95
Vested		(68	)		11.96
Forfeited		(25	)		15.29
Non-vested at March 31, 2024		369			11.05	$	10,083

Issuance of shares, stock-based compensation cost and the related tax benefits were as follows: