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Fondren Management LP
> USAP
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2020 | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | USAP | 31,523 | -8,827 | 173,000 | -174,000 | $5.49 |
| 06/30/2020 | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | USAP | 40,350 | -39,650 | 347,000 | -270,000 | $8.60 |
| 03/31/2020 | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | USAP | 80,000 | 28,757 | 617,000 | -147,000 | $7.71 |
| 12/31/2019 | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | USAP | 51,243 | -8,757 | 764,000 | -172,000 | $14.91 |
| 09/30/2019 | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | USAP | 60,000 | -5,000 | 936,000 | -104,000 | $15.60 |
| 06/30/2019 | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | USAP | 65,000 | 65,000 | 1,040,000 | 1,040,000 | $16.00 |
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