Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FERKO WILLIAM G
   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)
(Last)
(First)
(Middle)
10350 ORMSBY PARK PLACE, SUITE 601		 3. Date of Earliest Transaction (Month/Day/Year)
06/12/2007
(Street)

LOUISVILLE, KY 40223		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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   1,667 A (1) 7,153 D  
Common Stock 06/12/2007   A   1,392 A (2) 8,545 D  
Common Stock 06/12/2007   A   1,765 A (3) 10,310 D  
Common Stock 06/12/2007   A   1,239 A (4) 11,549 D  
Common Stock 06/12/2007   A   2,860 A (5) 14,409 D  
Common Stock 06/12/2007   A   691 A (6) 15,100 D  
Common Stock 06/12/2007   A   1,070 A (7) 16,170 D  
Common Stock 06/12/2007   A   998 A (8) 17,168 D  
Common Stock 06/12/2007   A   1,093 A (9) 18,261 D  
Common Stock 06/12/2007   A   3,655 A (10) 21,916 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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     3,194 10/01/2006 09/30/2016 Common Stock 3,194 (1) 0 D  
Option (Right to Buy) $ 9.43 06/12/2007   D     2,830 04/01/2006 03/31/2016 Common Stock 2,830 (2) 0 D  
Option (Right to Buy) $ 9.45 06/12/2007   D     3,559 07/01/2006 06/30/2016 Common Stock 3,559 (3) 0 D  
Option (Right to Buy) $ 9.98 06/12/2007   D     2,599 12/31/2005 12/30/2015 Common Stock 2,599 (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     1,500 04/26/2005 04/25/2015 Common Stock 1,500 (6) 0 D  
Option (Right to Buy) $ 10.33 06/12/2007   D     2,362 04/01/2005 03/31/2015 Common Stock 2,362 (7) 0 D  
Option (Right to Buy) $ 10.74 06/12/2007   D     2,189 10/01/2005 09/30/2015 Common Stock 2,189 (8) 0 D  
Option (Right to Buy) $ 11.92 06/12/2007   D     2,543 07/01/2005 06/30/2015 Common Stock 2,543 (9) 0 D  
Option (Right to Buy) $ 15.31 06/12/2007   D     10,000 01/01/2005 12/31/2014 Common Stock 10,000 (10) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FERKO WILLIAM G
10350 ORMSBY PARK PLACE, SUITE 601
LOUISVILLE, KY 40223		   X      

Signatures

 Andrea J. Luescher by Power of Attorney on file with the Commission   06/14/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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 1,667 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.
(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 1,392 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.
(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 1,765 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.
(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 1,239 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 691 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 April 1, 2005 to the reporting person. In exchange for this option grant the reporting person received 1,070 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 October 1, 2005 to the reporting person. In exchange for this option grant the reporting person received 998 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.
(9) 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 1,093 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.
(10) On June 12, 2007, the issuer canceled, pursuant to the 2007 Stock Option Exchange Program, an option grant awarded on January 1, 2005 to the reporting person. In exchange for this option grant the reporting person received 3,655 shares of common stock, valued at the FMV on the date of the commencement of the Offer, May 14, 2007.

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