SEC Form 4 · accession 0001101396-16-000054
DELTA APPAREL, INC · DLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah H Merrill
Officer — VP CFO and Treasurer
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001101396
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 1, 2016 | A | 16,875 | A | — | — | Common Stock, $.01 Par Value | 16,875 | 16,875 | D |
Explanation of responses
- F1One-half of these Restricted Stock Units convert into Delta Apparel, Inc. Common Stock on a one-for-one basis and the remaining half convert into a cash amount equal to the market value of one-half of the aggregate Restricted Stock Units that vest.
- F2These Restricted Stock Units vest on the date of the Company's filing of its Annual Report on Form 10-K for its fiscal year ending September 30, 2017.