SEC Form 4 · accession 0001101396-17-000024
DELTA APPAREL, INC · DLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah H Merrill
Officer — CFO & President, Delta Basics
Period of report
Jun 13, 2017
Accepted (ET)
Jun 14, 2017 · 5:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001101396
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 13, 2017 | M | 40,000 | $8.30 | A | 94,738 | D | |
| Common StockF1 | Jun 13, 2017 | F | 24,039 | $21.16 | D | 70,699 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $8.30 | Jun 13, 2017 | M | 40,000 | D | Feb 8, 2009 | Feb 8, 2018 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1The shares disposed were withheld by Delta Apparel, Inc. for payment of the exercise price and tax liability incident to the exercise of the option referenced in Table II.
- F2The option vested and became exercisable on February 8, 2009. The option expires on February 8, 2018.