Graham Corporation Quarterly report pursuant to Section 13 or 15(d)

Equity -Based Compensation (Tables)

3 Months Ended

Jun. 30, 2023

The following grants of time-vesting restricted stock units ("RSUs") and performance-vesting restricted stock units ("PSUs") were awarded:


	Vest 100% on First		Vest One-Third Per Year		Vest 100% on Third
	Anniversary (1)		Over Three-Year Term (1)		Anniversary (1)
			Officers and		Officers and		Total Shares
Three month period ending June 30,	Directors		Key Employees		Key Employees		Awarded
2023
Time Vesting RSUs	38		40			—	78
Performance Vesting PSUs		—		—	79		79
2022
Time Vesting RSUs	37		56		18		111
Performance Vesting PSUs		—		—	112		112

(1)

Subject to the terms of the applicable award.

The Company has recognized equity-based compensation costs as follows:


	Three Months Ended
	June 30,
	2023		2022
Restricted stock awards	$	87	$	50
Restricted stock units		196		55
Employee stock purchase plan		10		9
	$	293	$	114

Income tax benefit recognized	$	65	$	25