Deborah H. Merrill - 03 Oct 2021 Form 4 Insider Report for DELTA APPAREL, INC

Role
CFO & President, Delta Group
Signature
/s/ Deborah H. Merrill
Issuer symbol
N/A
Transactions as of
03 Oct 2021
Net transactions value
$0
Form type
4
Filing time
13 Oct 2021, 16:18:30 UTC
Next filing
24 Nov 2021
SEC
View on sec.gov

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 DLA Restricted Stock Units Award $0 +10,000 $0.000000 10,000 03 Oct 2021 Common Stock 10,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-half of these Restricted Stock Units convert into Delta Apparel, Inc. Common Stock on a one-for-one basis and the remaining half convert into a cash amount equal to the market value of one-half of the aggregate Restricted Stock Units that vest.
F2 These Restricted Stock Units vest on the date of the Company's filing of its Annual Report on Form 10-K for its fiscal year ending September 30, 2023.