4//SEC Filing
Chang Lauren Satterfield 4
Accession 0001437749-24-000163
CIK 0001101396other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 2:26 PM ET
Size
10.7 KB
Accession
0001437749-24-000163
Insider Transaction Report
Form 4
Satterfield Sandra Lauren
Deputy GC & Corp. Secretary
Transactions
- Exercise/Conversion
Common Stock
2023-12-28+1,750→ 1,750 total - Disposition to Issuer
Common Stock
2023-12-28$7.39/sh−875$6,466→ 875 total - Exercise/Conversion
Restricted Stock Units
2023-12-28−1,750→ 0 total→ Common Stock (1,750 underlying) - Tax Payment
Common Stock
2023-12-28$7.39/sh−332$2,453→ 543 total
Footnotes (5)
- [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 one-half of the 1,750 vested restricted stock 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 withheld by Delta Apparel, Inc. for the payment of a tax liability incident to the vesting of service-based restricted stock units.
- [F5]The restricted stock units vested upon the December 28, 2023, filing of the Company's Annual Report on Form 10-K for its fiscal year ended September 30, 2023.
Documents
Issuer
DELTA APPAREL, INC
CIK 0001101396
Entity typeother
Related Parties
1- filerCIK 0001888636
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 2:26 PM ET
- Size
- 10.7 KB