X0305 4 2012-06-13 0 0000931584 UNIVERSAL STAINLESS & ALLOY PRODUCTS INC USAP 0001168664 PENNANT CAPITAL MANAGEMENT, LLC 26 MAIN STREET SUITE 203 CHATHAM NJ 07928 0 0 1 0 0001262236 FOURNIER ALAN C/O PENNANT CAPITAL MANAGEMENT, LLC 26 MAIN STREET, SUITE 203 CHATHAM NJ 07928 0 0 1 0 Common Stock 2012-06-13 4 P 0 11800 39.90 A 1015115 I See footnote Common Stock 2012-06-14 4 P 0 9885 40.13 A 1025000 I See footnote The reported securities are directly owned by certain private investment vehicles managed by Pennant Capital Management, LLC and may be deemed beneficially owned by Pennant Capital Management, LLC 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 Capital Management, LLC. 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. Pennant Capital Management, LLC, By: /s/ Alan Fournier, Principal 2012-06-15 /s/ Alan Fournier 2012-06-15