Danny Robert Schoening - May 3, 2023 Form 4 Insider Report for Optex Systems Holdings Inc (OPXS)

Role
PRESIDENT & CEO, Director, 10%+ Owner
Signature
/S/ Danny Robert Schoening
Stock symbol
OPXS
Transactions as of
May 3, 2023
Transactions value $
$0
Form type
4
Date filed
5/5/2023, 07:12 AM
Previous filing
Jan 5, 2023
Next filing
Oct 17, 2023

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 Award $0 +100K $0.00 100K May 3, 2023 COMMON STOCK 100K 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.