Danny Robert Schoening - Dec 29, 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
Dec 29, 2023
Transactions value $
-$65,008
Form type
4
Date filed
1/10/2024, 04:22 PM
Previous filing
Oct 17, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPXS COMMON STOCK Options Exercise +40K +4.52% 924K Dec 29, 2023 Direct F1
transaction OPXS COMMON STOCK Tax liability -$65K -10.3K -1.11% $6.32 914K Jan 5, 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 +40K $0.00 40K Dec 29, 2023 COMMON STOCK 40K 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.