Daniel K. Frierson Jr. - May 25, 2023 Form 4/A - Amendment Insider Report for DIXIE GROUP INC (DXYN)

Signature
/s/ John F. Henry, Jr., by Power of Attorney for Daniel K. Frierson, Jr.
Stock symbol
DXYN
Transactions as of
May 25, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/30/2023, 03:14 PM
Date Of Original Report
May 26, 2023
Previous filing
Mar 21, 2023
Next filing
Mar 14, 2024

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

* 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.
F2 Subject to the optionee's right to elect on exercise to take a portion of the stock as Class B Common Stock pro rata to such optionee's then holdings of Class B Common Stock.
F3 Exercise price set at 10% above fair market value as of date of grant.
F4 The original Form 4 filed on May 26, 2023 is being amended by this Form 4 Amendment solely to correct an administrative error, which incorrectly listed 05/25/23 as the Date Exercisable. The correct Date Exercisable is 05/25/25.