Kevin Wilson - Aug 12, 2021 Form 4 Insider Report for DLH Holdings Corp. (DLHC)

Role: President, DLH Solutions
Signature: /s/ Kevin Wilson
Stock symbol: DLHC
Transactions as of: Aug 12, 2021
Transactions value $: $1
Form type: 4
Date filed: 8/16/2021, 05:20 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLHC	Common Stock	Options Exercise	$67.9K	+37.5K	+13.89%	$1.81^*	308K	Aug 12, 2021	Direct
transaction	DLHC	Common Stock	Tax liability	-$67.9K	-6.31K	-2.05%	$10.75	301K	Aug 12, 2021	Direct

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	DLHC	Employee Stock Option	Options Exercise	$0	-37.5K	-100%	$0.00^*	0	Aug 12, 2021	Employee Stock Option	37.5K	$1.81	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option was granted August 18, 2011 and became exercisable as of September 30, 2011.