Bubanich Nancy P bought DLA
December 28, 2023 · Form 4 insider transaction
Bubanich Nancy P bought 1,750 shares of Delta Apparel Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
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.; Each restricted stock unit represents the right to receive one share of common stock of Delta Apparel, Inc. or the cash equivalent.