Danny Robert Schoening - 11 Mar 2024 Form 4 Insider Report for Optex Systems Holdings Inc (OPXS)

Role
PRESIDENT & CEO, Director, 10%+ Owner
Signature
/s/ Danny Robert Schoening
Issuer symbol
OPXS
Transactions as of
11 Mar 2024
Net transactions value
-$32,596
Form type
4
Filing time
15 Mar 2024, 09:12:36 UTC
Previous filing
10 Jan 2024
Next filing
22 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPXS COMMON STOCK Options Exercise +20,000 +2.2% 934,168 11 Mar 2024 Direct F1
transaction OPXS COMMON STOCK Tax liability $32,596 -4,690 -0.5% $6.95 929,478 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 -20,000 -100% $0.000000 20 11 Mar 2024 COMMON STOCK 20,000 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.