W. DEREK DAVIS - 25 May 2023 Form 4 Insider Report for DIXIE GROUP INC (DXYN)

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	+20,000		$0.000000	20,000	25 May 2023	Employee Stock Option (right to buy)	20,000	$1.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.