Allen L. Danzey - May 25, 2023 Form 4 Insider Report for DIXIE GROUP INC (DXYN)

Role
Chief Financial Officer
Signature
/s/ John F. Henry, Jr., by Power of Attorney for Allen L. Danzey
Stock symbol
DXYN
Transactions as of
May 25, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 04:13 PM
Previous filing
Mar 21, 2023
Next filing
Mar 14, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DXYN Employee Stock Option (right to buy) Award $0 +20K $0.00 20K May 25, 2023 Employee Stock Option (right to buy) 20K $1.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options have a five year term from the date of grant and must meet a minimum two year holding period and achieve a performance target of $3.00 per share for five consecutive trading days during the term of the option to become exercisable.