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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
931584	Universal Stainless & Alloy Products Inc	USAP	Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) (3312)	251724540

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1168664	Pennant Capital Management, Llc	1 Deforest Avenue, Suite 200 Summit NJ 07901		No	No	Yes	No
1262236	Alan Fournier	C/O Pennant Capital Management, Llc 1 Deforest Avenue, Suite 200 Summit NJ 07901		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-08-28	88,736	$13.01	960,867	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2015-08-31	99,255	$13.02	861,612	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2015-09-01	12,543	$13.01	849,069	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Footnotes

These securities are directly owned by certain private investment vehicles managed by Pennant Capital Management, LLC ("Pennant") and may be deemed beneficially owned by Pennant as investment manager of such private investment vehicles. The reported securities may also be deemed beneficially owned by Alan Fournier as Managing Member of Pennant. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.