Karen Lea Hawkins - Mar 11, 2024 Form 4 Insider Report for Optex Systems Holdings Inc (OPXS)

Role
CFO
Signature
/s/ Karen Lea Hawkins
Stock symbol
OPXS
Transactions as of
Mar 11, 2024
Transactions value $
-$11,405
Form type
4
Date filed
3/15/2024, 09:01 AM
Previous filing
Jan 10, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPXS COMMON STOCK Options Exercise +7K +21.24% 40K Mar 11, 2024 Direct F1
transaction OPXS COMMON STOCK Tax liability -$11.4K -1.64K -4.11% $6.95 38.3K Mar 13, 2024 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 -50% $0.00 7K Mar 11, 2024 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.