Zachary Parker - Nov 1, 2023 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, 2023
Transactions value $
-$413,984
Form type
4
Date filed
11/3/2023, 04:14 PM
Previous filing
Jan 31, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLHC Common Stock Options Exercise $140K +100K +13.37% $1.40* 848K Nov 1, 2023 Direct F1
transaction DLHC Common Stock Tax liability -$553K -39.8K -4.69% $13.90 808K Nov 1, 2023 Direct F1, F2

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 Options Exercise $0 -100K -100% $0.00* 0 Nov 1, 2023 Common Stock 100K $1.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 55,282 shares underlying time-based restricted stock units granted to the reporting person pursuant to the Company's 2016 Omnibus Equity Incentive Plan.
F2 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.
F3 The option was granted on November 8, 2013 and subsequently vested upon the achievement of certain performance targets.