Humphreys Robert W - Jan 13, 2022 Form 4 Insider Report for DELTA APPAREL, INC (DLA)

Role
Chairman and CEO, Director
Signature
/s/ Humphreys, Robert W.
Stock symbol
DLA
Transactions as of
Jan 13, 2022
Transactions value $
$0
Form type
4
Date filed
1/18/2022, 03:05 PM
Previous filing
Dec 20, 2021
Next filing
Dec 21, 2022

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 +84K $0.00 84K Jan 13, 2022 Common Stock 84K 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 Forty-two thousand of these Restricted Stock Units vest on the date of the Company's filing of its Form 10-K with the U.S. Securities and Exchange Commission for its fiscal year ending September 30, 2023, and the remaining forty-two thousand vest on the date of the Company's filing of its Form 10-K with the U.S. Securities and Exchange Commission for its fiscal year ending September 28, 2024.