Jeffery Neil Stillwell - Nov 21, 2022 Form 4 Insider Report for DELTA APPAREL, INC (DLA)

Role
President, Salt Life Group
Signature
/s/ S. Lauren Satterfield, POA
Stock symbol
DLA
Transactions as of
Nov 21, 2022
Transactions value $
-$100,663
Form type
4
Date filed
12/21/2022, 08:16 PM
Previous filing
Jan 18, 2022
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLA Common Stock Options Exercise $0 +16K +36.06% $0.00 60.4K Nov 21, 2022 Direct F1
transaction DLA Common Stock Tax liability -$101K -7.22K -11.95% $13.95 53.2K Dec 15, 2022 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 -16K -100% $0.00* 0 Nov 21, 2022 Common Stock 16K 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 21, 2022, filing of its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission for is fiscal year ended October 1, 2022.