Haynes International (HAYN) Form 4 HAYNES INTERNATIONAL / Bibber David Sean Van ownership change

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

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X

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^*

Van Bibber David Sean

(Last) (First) (Middle)

1020 WEST PARK AVE.

P.O. BOX 9013

(Street)

KOKOMO IN 46904

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HAYNES INTERNATIONAL INC [ HAYN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CONTROLLER, CHIEF ACCTNG OFICR

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2024

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	11/21/2024		D		15,252	D	(1)(2)	0	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
Employee Stock Option (right to buy)	$40.86	11/21/2024		D			2,400	(3)	(3)	Common Stock	2,400	(3)	0	D
Employee Stock Option (right to buy)	$31.76	11/21/2024		D			3,000	(3)	(3)	Common Stock	3,000	(3)	0	D
Employee Stock Option (right to buy)	$33.98	11/21/2024		D			3,576	(3)	(3)	Common Stock	3,576	(3)	0	D
Employee Stock Option (right to buy)	$30.54	11/21/2024		D			1,905	(3)	(3)	Common Stock	1,905	(3)	0	D
Employee Stock Option (right to buy)	$33.59	11/21/2024		D			2,099	(3)	(3)	Common Stock	2,099	(3)	0	D
Employee Stock Option (right to buy)	$36.65	11/21/2024		D			2,305	(3)	(3)	Common Stock	2,305	(3)	0	D
Employee Stock Option (right to buy)	$37	11/21/2024		D			4,023	(3)	(3)	Common Stock	4,023	(3)	0	D
Employee Stock Option (right to buy)	$22.64	11/21/2024		D			6,576	(3)	(3)	Common Stock	6,576	(3)	0	D
Employee Stock Option (right to buy)	$44.07	11/21/2024		D			2,110	(3)	(3)	Common Stock	2,110	(3)	0	D
Employee Stock Option (right to buy)	$48.85	11/21/2024		D			1,769	(3)	(3)	Common Stock	1,769	(3)	0	D
Employee Stock Option (right to buy)	$48.63	11/21/2024		D			2,075	(3)	(3)	Common Stock	2,075	(3)	0	D

Explanation of Responses:

1. On November 21, 2024, pursuant to the Agreement and Plan of Merger, dated as of February 4, 2024, by and among North American Stainless, Inc. ("Parent"), Warhol Merger Sub, Inc. ("Merger Sub"), Haynes International, Inc. (the "Company"), and solely for the purposes of Section 9.14, Acerinox, S.A., Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger, each share of Company common stock issued and outstanding as of immediately prior to the effective time of the Merger was converted into the right to receive cash in an amount equal to $61.00, without interest.

2. The number of shares disposed of in the Merger includes 3,370 shares of restricted stock held by the reporting person as of immediately prior to the effective time of the Merger. At the effective time of the Merger, each award of Company restricted stock outstanding as of immediately prior to the effective time was cancelled and converted into the right to receive an amount in cash, without interest and subject to applicable withholding taxes, equal to the sum of (i) the product of (A) the per share price of $61.00 and (B) the total number of shares of Company common stock subject to such award of Company restricted stock as of immediately prior to the effective time plus (ii) the amount of any accrued but unpaid dividends with respect to such award of Company restricted stock.

3. At the effective time, each Company option outstanding as of immediately prior to the effective time with an exercise price per share less than the per share price of $61.00, whether vested or unvested, was cancelled and converted into the right to receive an amount in cash, without interest and subject to applicable withholding taxes, equal to the product of (i) the number of shares of Company common stock subject to the Company option as of immediately prior to the effective time and (ii) the excess of the per share price of $61.00 over the exercise price per share of such Company option.

	/s/ Daniel W. Maudlin, attorney-in-fact for David Sean Van Bibber	11/21/2024
	** Signature of Reporting Person	Date
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