SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Brinkley John F (Last) (First) (Middle) 46 GULL POINT ROAD (Street) HILTON HEAD ISLAND SC 29928 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SYPRIS SOLUTIONS INC [ SYPR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 06/12/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2007		A		1,434	A	(4)	3,142	D
Common Stock	06/12/2007		A		2,860	A	(5)	6,002	D
Common Stock	06/12/2007		A		4,610	A	(6)	10,612	D
Common Stock	06/12/2007		A		960	A	(7)	11,572	D
Common Stock	06/12/2007		A		1,115	A	(8)	12,687	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (Right to Buy)	$8.35	06/12/2007		D			2,722	10/01/2006	09/30/2016	Common Stock	2,722	(1)	0	D
Option (Right to Buy)	$9.43	06/12/2007		D			2,894	04/01/2006	03/31/2016	Common Stock	2,894	(2)	0	D
Option (Right to Buy)	$9.45	06/12/2007		D			3,527	07/01/2006	06/30/2016	Common Stock	3,527	(3)	0	D
Option (Right to Buy)	$9.98	06/12/2007		D			3,009	12/31/2005	12/30/2015	Common Stock	3,009	(4)	0	D
Option (Right to Buy)	$9.98	06/12/2007		D			6,000	12/31/2005	12/30/2015	Common Stock	6,000	(5)	0	D
Option (Right to Buy)	$10.01	06/12/2007		D			10,000	04/26/2005	04/25/2015	Common Stock	10,000	(6)	0	D
Option (Right to Buy)	$10.74	06/12/2007		D			2,105	10/01/2005	09/30/2015	Common Stock	2,105	(7)	0	D
Option (Right to Buy)	$11.92	06/12/2007		D			2,594	07/01/2005	06/30/2015	Common Stock	2,594	(8)	0	D
Option (Right to Buy)	$7.9	06/12/2007		A		4,008		05/14/2007	05/13/2011	Common Stock	4,008	(1)	4,008	D
Option (Right to Buy)	$7.9	06/12/2007		A		4,018		05/14/2007	05/13/2011	Common Stock	4,018	(2)	4,018	D
Option (Right to Buy)	$7.9	06/12/2007		A		4,935		05/14/2007	05/13/2011	Common Stock	4,935	(3)	4,935	D

Explanation of Responses:

1. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on October 1, 2006 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,008 shares having an exercise price equal to $7.90.

2. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on April 1, 2006 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,018 shares having an exercise price equal to $7.90.

3. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on July 1, 2006 to the reporting person. In exchange for this option grant the reporting person received a replacement option (reported herein), on June 12, 2007 for 4,935 shares having an exercise price equal to $7.90.

4. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on December 31, 2005 to the reporting person. In exchange for this option grant the reporting person received 1,434 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.

5. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on December 31, 2005 to the reporting person. In exchange for this option grant the reporting person received 2,860 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.

6. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on April 26, 2005 to the reporting person. In exchange for this option grant the reporting person received 4,610 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.

7. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on October 1, 2005 to the reporting person. In exchange for this option grant the reporting person received 960 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.

8. On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on July 1, 2005 to the reporting person. In exchange for this option grant the reporting person received 1,115 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.

	Andrea J. Luescher by Power of Attorney on file with the Commission	06/13/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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