Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLA | Common Stock | Options Exercise | $0 | +42K | +9.15% | $0.00 | 501K | Dec 28, 2023 | Direct | F1, F2 |
transaction | DLA | Common Stock | Disposed to Issuer | -$155K | -21K | -4.19% | $7.39 | 480K | Dec 28, 2023 | Direct | F3 |
transaction | DLA | Common Stock | Tax liability | -$61.1K | -8.26K | -1.72% | $7.39 | 472K | Dec 28, 2023 | Direct | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLA | Restricted Stock Units | Options Exercise | $0 | -42K | -50% | $0.00 | 42K | Dec 28, 2023 | Common Stock | 42K | Direct | F2, F5 |
Id | Content |
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F1 | These shares were acquired in connection with the vesting of service-based restricted stock units. One-half of the vested 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 the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units. |
F2 | Each restricted stock unit represents the right to receive one share of common stock of Delta Apparel, Inc. or the cash equivalent. |
F3 | These shares were disposed of in connection with the conversion of one-half of the 42,000 vested restricted stock units into a cash amount equal to the market value of the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units. |
F4 | These shares were withheld by Delta Apparel, Inc. for the payment of a tax liability incident to the vesting of the restricted stock units. |
F5 | The restricted stock units vested upon the December 28, 2023, filing of the Company's Annual Report on Form 10-K for its fiscal year ended September 30, 2023. |