Humphreys Robert W - Nov 22, 2021 Form 4 Insider Report for DELTA APPAREL, INC (DLA)

Role: Chairman and CEO, Director
Signature: /s/ Humphreys, Robert W.
Stock symbol: DLA
Transactions as of: Nov 22, 2021
Transactions value $: -$590,447
Form type: 4
Date filed: 11/24/2021, 03:10 PM
Next filing: Dec 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLA	Common Stock	Options Exercise	$0	+50K	+12.49%	$0.00	450K	Nov 22, 2021	Direct	F1
transaction	DLA	Common Stock	Tax liability	-$590K	-19.7K	-4.37%	$30.01	431K	Nov 22, 2021	Direct	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	DLA	Restricted Stock Units	Options Exercise	$0	-50K	-50%	$0.00	50K	Nov 22, 2021	Common Stock	50K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were acquired in connection with the vesting of service-based restricted stock units. The vested restricted stock units converted into Delta Apparel, Inc. common stock on a one-for-one basis.
F2	These shares were withheld by Delta Apparel, Inc. for the payment of a tax liability incident to the vesting of the restricted stock units.
F3	Each restricted stock unit represents the right to receive one share of common stock of Delta Apparel, Inc.
F4	The restricted stock units vested upon the Company's November 22, 2021, filing of its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission for is fiscal year ended October 2, 2021.