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Note 17 - Subsequent Events | 6 Months Ended
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Jul. 04, 2021
Notes to Financial Statements |
Subsequent Events [Text Block] |
(17) | Subsequent Events
Subsequent to quarter-end, the Company granted 197,500 restricted shares and options to purchase 34,000 shares of our common stock under the 2020 Sypris Omnibus Plan. The restricted shares vest on the third anniversary of the grant date. The options have a five-year term and cliff vest on the third anniversary of the grant date.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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