DANNY ROBERT SCHOENING - 03 May 2023 Form 4 Insider Report for Optex Systems Holdings Inc (OPXS)

Role
PRESIDENT & CEO, Director, 10%+ Owner
Signature
/S/ Danny Robert Schoening
Issuer symbol
OPXS
Transactions as of
03 May 2023
Transactions value $
$0
Form type
4
Filing time
05 May 2023, 07:12:02 UTC
Previous filing
05 Jan 2023
Next filing
17 Oct 2023
SEC
View on sec.gov

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
transaction OPXS PERFORMANCE SHARES Award $0 +100K $0.00 100K 03 May 2023 COMMON STOCK 100K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represents a contingent right to receive one share of OPXS common stock. The performance shares vest in five equal increments if, in each case and during a performance period beginning on October 2, 2023, the average VWAP per share of OPXS common stock over a 30 consecutive trading day period equals or exceeds a specified price.