Jacqueline S. Everett - Aug 4, 2022 Form 4 Insider Report for DLH Holdings Corp. (DLHC)

Role: Chief Growth Officer
Signature: /s/ Michael A. Goldstein, as attorney-in-fact for Jacqueline S. Everett
Stock symbol: DLHC
Transactions as of: Aug 4, 2022
Transactions value $: $200,500
Form type: 4
Date filed: 8/8/2022, 04:35 PM
Next filing: Sep 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLHC	Common Stock	Options Exercise	$201K	+25K		$8.02	25K	Aug 4, 2022	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 Options	Options Exercise	$0	-25K	-10%	$0.00	225K	Aug 4, 2022	Common Stock	25K	$8.02	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option initially represented the right to purchase a total of 250,000 shares. Options to purchase 50,000 shares vested on the one-year anniversary of the grant date and the remainder vested upon the satisfaction of certain vesting conditions.