Kathryn M. JohnBull - Sep 20, 2024 Form 4 Insider Report for DLH Holdings Corp. (DLHC)

Role
Chief Financial Officer
Signature
/s/ Kathryn M. JohnBull
Stock symbol
DLHC
Transactions as of
Sep 20, 2024
Transactions value $
-$375,187
Form type
4
Date filed
9/24/2024, 04:26 PM
Previous 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 $390K +200K +50.39% $1.95 597K Sep 20, 2024 Direct F1
transaction DLHC Common Stock Tax liability -$765K -78.2K -13.11% $9.78 519K Sep 20, 2024 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 -200K -100% $0.00 0 Sep 20, 2024 Common Stock 200K $1.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17,831 time-based restricted stock units granted to the reporting person on December 15, 2023. Each Restricted Stock Unit represents a contingent right to receive one share of common stock. The award vests in full on September 30, 2026, provided that the reporting person remains in the employment of the Company as of such date.
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 September 22, 2014, and subsequently vested upon the achievement of certain performance targets.