Zachary Parker - Nov 1, 2022 Form 4 Insider Report for DLH Holdings Corp. (DLHC)

Role
CEO and President, Director
Signature
/s/ Zachary C. Parker
Stock symbol
DLHC
Transactions as of
Nov 1, 2022
Transactions value $
-$649,646
Form type
4
Date filed
11/3/2022, 04:22 PM
Previous filing
Aug 10, 2021
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLHC Common Stock Options Exercise $238K +250K +49.01% $0.95* 760K Nov 1, 2022 Direct
transaction DLHC Common Stock Tax liability -$887K -67.2K -8.84% $13.20 693K Nov 1, 2022 Direct F1

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 DLHC Employee Stock Option (right to buy) Options Exercise $0 +250K $0.00 250K Nov 1, 2022 Common Stock 250K $0.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4 and the corresponding tax obligations of the reporting person arising from the exercise of the options.
F2 The option was granted on November 21, 2012 and represented the right to purchase a total of 250,000 shares. Such option became exercisable upon satisfaction of vesting conditions.