Karen Lea Hawkins - Oct 2, 2023 Form 4 Insider Report for Optex Systems Holdings Inc (OPXS)

Role
CFO
Signature
/s/ Karen Lea Hawkins
Stock symbol
OPXS
Transactions as of
Oct 2, 2023
Transactions value $
-$6,129
Form type
4
Date filed
10/17/2023, 06:38 PM
Previous filing
May 5, 2023
Next filing
Jan 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPXS COMMON STOCK Options Exercise +7K +39.68% 24.6K Oct 2, 2023 Direct F1
transaction OPXS COMMON STOCK Tax liability -$6.13K -1.54K -6.25% $3.98 23.1K Oct 2, 2023 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 OPXS PERFORMANCE SHARES Options Exercise $0 +7K +33.33% $0.00 28K Oct 2, 2023 COMMON STOCK 7K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represents a contingent right to receive one share of OPXS common stock. The performance shares vest in five equal increments if, in each case and during a performance period beginning on October 2, 2023, the average VWAP per share of OPXS common stock over a 30 consecutive trading day period equals or exceeds a specified price.