4//SEC Filing
Stillwell Jeffery Neil 4
Accession 0001437749-21-027385
CIK 0001101396other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 4:11 PM ET
Size
14.1 KB
Accession
0001437749-21-027385
Insider Transaction Report
Form 4
Stillwell Jeffery Neil
President, Salt Life Group
Transactions
- Exercise/Conversion
Common Stock, $0.01 Par Value
2021-11-22+6,000→ 46,981 total - Disposition to Issuer
Common Stock, $0.01 Par Value
2021-11-22$30.01/sh−3,000$90,030→ 43,981 total - Award
Common Stock, $0.01 Par Value
2021-11-22+6,360→ 50,341 total - Tax Payment
Common Stock, $0.01 Par Value
2021-11-22$30.01/sh−2,788$83,668→ 44,373 total - Disposition to Issuer
Common Stock, $0.01 Par Value
2021-11-22$30.01/sh−3,180$95,432→ 47,161 total - Exercise/Conversion
Restricted Stock Units
2021-11-22−6,000→ 0 total→ Common Stock, $0.01 Par Value (6,000 underlying)
Footnotes (7)
- [F1]These shares were acquired in connection with the vesting of service-based restricted stock units. One-half of the vested restricted stock units convert into Delta Apparel, Inc. common stock on a one-for-one basis and the remaining half convert into a cash amount equal to the market value of the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units.
- [F2]Each restricted stock unit represents the right to receive one share of common stock of Delta Apparel, Inc. or the cash equivalent.
- [F3]These shares were disposed of in connection with the conversion of half of the 6,000 vested restricted units into a cash amount equal to the market value of the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units.
- [F4]These shares were acquired in connection with the vesting of performance-based restricted stock units. One-half of the vested restricted stock units convert into Delta Apparel, Inc. common stock on a one-for-one basis and the remaining half convert into a cash amount equal to the market value of the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units.
- [F5]These shares were disposed of in connection with the conversion of half of the 6,360 vested restricted units into a cash amount equal to the market value of the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units.
- [F6]These shares were withheld by Delta Apparel, Inc. for the payment of a tax liability incident to the vesting of both performance-based and service-based restricted stock units.
- [F7]The restricted stock units vested upon the November 22, 2021, filing of the Company's Annual Report on Form 10-K for its fiscal year ended October 2, 2021.
Documents
Issuer
DELTA APPAREL, INC
CIK 0001101396
Entity typeother
Related Parties
1- filerCIK 0001747195
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 4:11 PM ET
- Size
- 14.1 KB