Form Type: 4

SEC EDGAR Link
Accession Number:0001437749-21-027385
Date:2021-11-22
Issuer: DELTA APPAREL, INC (DLA)
Original Submission Date:

Reporting Person:

STILLWELL JEFFERY NEIL
322 SOUTH MAIN STREET
GREENVILLE, SC 29601

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK, $0.01 PAR VALUE 2021-11-22 M 6,000 a $0.00 46,981 direct
COMMON STOCK, $0.01 PAR VALUE 2021-11-22 D 3,000 d $30.01 43,981 direct
COMMON STOCK, $0.01 PAR VALUE 2021-11-22 A 6,360 a $0.00 50,341 direct
COMMON STOCK, $0.01 PAR VALUE 2021-11-22 D 3,180 d $30.01 47,161 direct
COMMON STOCK, $0.01 PAR VALUE 2021-11-22 F 2,788 d $30.01 44,373 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2021-11-22 deemed execution date M 6,000 (d) common stock, $0.01 par value 6,000 $0.00 0 direct
Footnotes
IDfootnote
f1 these 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.
f2 each restricted stock unit represents the right to receive one share of common stock of delta apparel, inc. or the cash equivalent.
f3 these shares were disposed of in connection with the conversion of half of the 6,000 vested restricted 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.
f4 these shares were acquired in connection with the vesting of performance-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.
f5 these shares were disposed of in connection with the conversion of half of the 6,360 vested restricted 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.
f6 these shares were withheld by delta apparel, inc. for the payment of a tax liability incident to the vesting of both performance-based and service-based restricted stock units.
f7 the restricted stock units vested upon the november 22, 2021, filing of the company's annual report on form 10-k for its fiscal year ended october 2, 2021.

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