SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 20, 2002 Universal Stainless & Alloy Products, Inc. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 000-25032 25-1724540 ------------------------------ -------------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 600 Mayer Street, Bridgeville, Pennsylvania 15017 ------------------------------------------------- ----------- (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (412) 257-7600 Item 5. Other Events. On November 20, 2002, Universal Stainless & Alloy Products, Inc. (the "Company") announced that the members of Local 3403 of the United Steelworkers of America representing the employees at the Company's facility in Bridgeville, PA have rejected an offer from management that included increased wages and other benefits. The press release, dated November 20, 2002, issued by the Company with respect to this matter is attached hereto as Exhibit 99.1 and is hereby incorporated herein by reference in its entirety. The foregoing description is qualified in its entirety by reference to the complete text of the press release as set forth in Exhibit 99.1. Item 7. Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) Exhibits Exhibit 99.1 Press Release dated November 20, 2002. Page 2 of 4 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNIVERSAL STAINLESS & ALLOY PRODUCTS, INC. By: /S/ RICHARD M. UBINGER ------------------------------------- Vice President of Finance, Chief Financial Officer and Treasurer Dated: November 20, 2002 Page 3 of 4 EXHIBIT INDEX --------- Exhibit 99.1 Press Release dated November 20, 2002. Page 4 of 4