Jeanine M. Christian - Jan 19, 2024 Form 4 Insider Report for DLH Holdings Corp. (DLHC)

Role
Pres. Social&Scientific Sys
Signature
/s/Jeanine M. Christian
Stock symbol
DLHC
Transactions as of
Jan 19, 2024
Transactions value $
-$213,798
Form type
4
Date filed
1/23/2024, 05:15 PM
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLHC Common Stock Options Exercise $602K +75K $8.02 75K Jan 19, 2024 Direct
transaction DLHC Common Stock Tax liability -$815K -50K -66.73% $16.29 25K Jan 19, 2024 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 Options Options Exercise $0 -75K -30% $0.00 175K Jan 19, 2024 Common Stock 250K $8.02 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 Options to purchase 50,000 shares vested on the one-year anniversary of the grant date and the remainder vested upon the satisfaction of certain vesting conditions.