SEC Form 4 · accession 0000029332-18-000024
DIXIE GROUP INC · DXYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel K Frierson
Officer — Chairman of the Board & CEO · Director
Period of report
Mar 12, 2018
Accepted (ET)
Mar 13, 2018 · 1:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000029332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $3 par valueF1 | Mar 12, 2018 | A | 23,788 | $0.00 | A | 40,164 | D | |
| Class B Common Stock, $3 par valueF1 | Mar 12, 2018 | A | 23,787 | $0.00 | A | 538,948 | D | |
| Common Stock, $3 par valueF2 | Mar 12, 2018 | A | 12,500 | $0.00 | A | 52,664 | D | |
| Class B Common Stock, $3 par valueF2 | Mar 12, 2018 | A | 12,500 | $0.00 | A | 551,448 | D | |
| Common Stock, $3 par valueF3 | Mar 12, 2018 | F | 4,500 | $0.00 | D | 48,164 | D | |
| Class B Common Stock, $3 par valueF4 | Mar 12, 2018 | C | 6,250 | $0.00 | D | 545,198 | D | |
| Common Stock, $3 par valueF4 | Mar 12, 2018 | C | 6,250 | $0.00 | A | 54,414 | 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) | $5.00 | holding | — | — | — | Nov 4, 2011 | Nov 4, 2019 | Common Stock, $3 par value | 50,000 | 50,000 | D |
| Employee Stock Option (right to buy) | $4.59 | holding | — | — | — | May 30, 2019 | May 30, 2022 | Common Stock, $3 par value | 40,000 | 40,000 | D |
Explanation of responses
- F1Represents an award of restricted stock consisting of 47,575 Long Term Incentive Plan Shares. At Mr. Frierson's election, 23,788 of such shares are Common Stock and 23,787 of such shares are Class B Common Stock.
- F2Represents an award of restricted stock consisting of 25,000 Career Shares. At Mr. Frierson's election, 12,500 of such shares are Common Stock and 12,500 of such shares are Class B Common Stock.
- F3Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock.
- F4Represents a conversion of Class B Common Stock to an equal number of shares of Common Stock.