SEC Form 4 · accession 0001209191-15-064440

DELTA APPAREL, INC · DLA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, Chief HR Officer

Period of report

Aug 5, 2015

Accepted (ET)

Aug 6, 2015 · 6:09 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
Common Stock^F1,F2	Aug 5, 2015	M	15,000	—	A	103,554	D
Common Stock^F3	Aug 5, 2015	D	7,500	$14.15	D	96,054	D
Common Stock^F4	Aug 5, 2015	F	2,577	$14.15	D	93,477	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F5	—	Aug 5, 2015	M	15,000	D	—	—	Common Stock	15,000	0	D

F1These shares were acquired in connection with the vesting of service-based restricted stock units. One-half of the vested 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 the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units.
F2Each restricted stock unit represents the right to receive one share of common stock of Delta Apparel, Inc. or the cash equivalent.
F3These shares were disposed of in connection with the conversion of half of the 15,000 vested restricted stock units into a cash amount equal to the market value of the Company's common stock on the applicable date multiplied by the applicable number of restricted stock units.
F4The shares disposed of were withheld by Delta Apparel, Inc. for payment of tax liability incidental to the vesting of service-based restricted stock units.
F5The restricted stock units vested upon the August 5, 2015, filing of the Company's SEC Form 10-Q for its fiscal quarter ended June 27, 2015.