Danny Robert Schoening - 17 May 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: 17 May 2024
Net transactions value: -$39,350
Form type: 4
Filing time: 22 May 2024, 16:15:05 UTC
Previous filing: 15 Mar 2024
Next filing: 23 May 2025
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%		949,478	17 May 2024	Direct	F1
transaction	OPXS	COMMON STOCK	Tax liability	$39,350	-4,870	-0.51%	$8.08	944,608	17 May 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^*	0	17 May 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.