DANIEL K. FRIERSON - 12 Mar 2022 Form 4 Insider Report for DIXIE GROUP INC (DXYN)

Signature
/s/ John F. Henry, Jr., by Power of Attorney for Daniel K. Frierson
Issuer symbol
DXYN
Transactions as of
12 Mar 2022
Net transactions value
$0
Form type
4
Filing time
15 Mar 2022, 17:41:23 UTC
Next filing
03 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXYN Common Stock, $3 par value Award $0 +12,500 +16% $0.000000 89,045 12 Mar 2022 Direct F1
transaction DXYN Common Stock, $3 par value Award $0 +32,977 +37% $0.000000 122,022 12 Mar 2022 Direct F2
transaction DXYN Common Stock, $3 par value Tax liability $0 -16,795 -14% $0.000000 105,227 12 Mar 2022 Direct F3
transaction DXYN Class B Common Stock, $3 par value Award $0 +12,500 +2.3% $0.000000 549,268 12 Mar 2022 Direct F1
transaction DXYN Class B Common Stock, $3 par value Award $0 +32,977 +6% $0.000000 582,245 12 Mar 2022 Direct F2
holding DXYN Class B Common Stock, $3 par value 5,486 12 Mar 2022 by Self as Trustee
holding DXYN Class B Common Stock, $3 par value 94,879 12 Mar 2022 by Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DXYN Employee Stock Option (right to buy) 40,000 12 Mar 2022 Common Stock, $3 par value 40,000 $4.59 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1. Represents 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.
F2 2. Represents an award of restricted stock consisting of 65,954 Primary Long Term Incentive Plan Shares. At Mr. Frierson's election, 32,977 of such shares are Common Stock and 32,977 of such shares are Class B Common Stock.
F3 3. Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock.