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

Role
CFO
Signature
/s/ Karen Lea Hawkins
Issuer symbol
OPXS
Transactions as of
11 Mar 2024
Net transactions value
-$11,405
Form type
4
Filing time
15 Mar 2024, 09:01:43 UTC
Previous filing
10 Jan 2024
Next filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPXS COMMON STOCK Options Exercise +7,000 +21% 39,951 11 Mar 2024 Direct F1
transaction OPXS COMMON STOCK Tax liability $11,405 -1,641 -4.1% $6.95 38,310 13 Mar 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 -7,000 -50% $0.000000 7,000 11 Mar 2024 COMMON STOCK 7,000 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.