DLHC

SEC source: 0000785557-24-000023 · wk-form4_1708037619.xml · nonDerivative · entry 1

Christian Jeanine M. · CIK 0001817396 · Pres. Pub. Health & Sci Rs

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,125

F1 · price: The price reported in Column 4 of Table 1 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.75 to $17.10, inclusive. The reporting person undertakes to provide to the corporation, any security holder of the corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.

SEC source: 0000785557-24-000003 · wk-form4_1706048112.xml · derivative · entry 3

Christian Jeanine M. · CIK 0001817396 · Pres. Social&Scientific Sys

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 175,000

Underlying: Common Stock · 250,000 shares

Expires 2030-07-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Options to purchase 50,000 shares vested on the one-year anniversary of the grant date and the remainder vested upon the satisfaction of certain vesting conditions.

SEC source: 0000785557-24-000003 · wk-form4_1706048112.xml · nonDerivative · entry 2

Christian Jeanine M. · CIK 0001817396 · Pres. Social&Scientific Sys

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,951

F1 · shares: Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4 and the corresponding tax obligations of the reporting person arising from the exercise of the options.

SEC source: 0000785557-24-000003 · wk-form4_1706048112.xml · nonDerivative · entry 1

Christian Jeanine M. · CIK 0001817396 · Pres. Social&Scientific Sys

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000785557-23-000098 · wk-form4_1703021775.xml · nonDerivative · entry 1

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 866,309

F1 · security: Grant of time-based restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of common stock. The award vests in full on September 30, 2026, provided that the reporting person remains in the employment of the Company as of such date.

F2 · balance_after: Includes 55,282 shares underlying time-based restricted stock units previously granted to the reporting person pursuant to the Company's 2016 Omnibus Equity Incentive Plan.

SEC source: 0000785557-23-000097 · wk-form4_1703021757.xml · nonDerivative · entry 1

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 396,927

F1 · security: Grant of time-based restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of common stock. The award vests in full on September 30, 2026, provided that the reporting person remains in the employment of the Company as of such date.

SEC source: 0000785557-23-000096 · wk-form4_1703021739.xml · nonDerivative · entry 1

Ferebee Galaal Maliek · CIK 0001892775 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,764

F1 · security: Grant of time-based restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of common stock. The award vests in full on September 30, 2026, provided that the reporting person remains in the employment of the Company as of such date.

SEC source: 0000785557-23-000079 · wk-form4_1699042487.xml · derivative · entry 3

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 100,000 shares

Expires 2023-11-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: The option was granted on November 8, 2013 and subsequently vested upon the achievement of certain performance targets.

SEC source: 0000785557-23-000079 · wk-form4_1699042487.xml · nonDerivative · entry 2

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 808,314

F2 · shares: Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4 and the corresponding tax obligations of the reporting person arising from the exercise of the options.

F1 · balance_after: Includes 55,282 shares underlying time-based restricted stock units granted to the reporting person pursuant to the Company's 2016 Omnibus Equity Incentive Plan.

SEC source: 0000785557-23-000079 · wk-form4_1699042487.xml · nonDerivative · entry 1

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 848,133

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes 55,282 shares underlying time-based restricted stock units granted to the reporting person pursuant to the Company's 2016 Omnibus Equity Incentive Plan.

SEC source: 0000785557-23-000077 · wk-form4_1698928527.xml · derivative · entry 3

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 75,000 shares

Expires 2023-11-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The option was granted on November 8, 2013 and subsequently vested upon the achievement of certain performance targets.

SEC source: 0000785557-23-000077 · wk-form4_1698928527.xml · nonDerivative · entry 2

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 379,096

F1 · shares: Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4 and the corresponding tax obligations of the reporting person arising from the exercise of the options.

SEC source: 0000785557-23-000077 · wk-form4_1698928527.xml · nonDerivative · entry 1

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 396,881

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000785557-23-000073 · wk-form4_1696364326.xml · nonDerivative · entry 1

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 251,950

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024

SEC source: 0000785557-23-000072 · wk-form4_1696364291.xml · nonDerivative · entry 1

Murphy Frances M · CIK 0001666394 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,810

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024

SEC source: 0000785557-23-000071 · wk-form4_1696364265.xml · nonDerivative · entry 1

Yerks Austin J. III · CIK 0001562731 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 144,810

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024

SEC source: 0000785557-23-000070 · wk-form4_1696364245.xml · nonDerivative · entry 1

Granger Elder · CIK 0001625579 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 131,251

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024

SEC source: 0000785557-23-000069 · wk-form4_1696364217.xml · nonDerivative · entry 1

ZELKOWICZ STEPHEN · CIK 0001616648 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,435

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024.

SEC source: 0000785557-23-000068 · wk-form4_1696364192.xml · nonDerivative · entry 1

Bjornaas Judith L · CIK 0001341924 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,569

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024

SEC source: 0000785557-23-000067 · wk-form4_1696364154.xml · nonDerivative · entry 1

DELANEY MARTIN J · CIK 0001253825 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 206,808

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2024

SEC source: 0001104659-23-033336 · tm233102-3_4seq1.xml · nonDerivative · entry 2

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,652,926

F5 · acquired: This Form 4 is being filed as a result of sales related to portfolio management.

F2 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 1,854,044 shares of Common Stock, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. I, as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P. I, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap Value, L.P. I, has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value L.P. I directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value, L.P. I directly beneficially owns.

F3 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 672,395 shares of Common Stock, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section 13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Nelson Obus and Joshua Landes, as principal executive officers of Wynnefield Capital, Inc., have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns.

F4 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 126,487 shares of Common Stock, which are directly beneficially owned by Wynnefield Capital, Inc. Profit Sharing Plan, as members of a group under Section 13(d) of the Exchange Act. Wynnefield Capital, Inc. Profit Sharing Plan, which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person. Mr. Obus and Mr. Landes, as co-trustees, have the power to vote and dispose of Wynnefield Capital, Inc. Profit Sharing Plan's investments in securities and have indirect beneficial ownership interests in the shares of Common Stock that Wynnefield Capital, Inc. Profit Sharing Plan directly beneficially owns.

SEC source: 0001104659-23-033336 · tm233102-3_4seq1.xml · nonDerivative · entry 1

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,028,495

F5 · acquired: This Form 4 is being filed as a result of sales related to portfolio management.

F1 · ownership.direct: The Reporting Person directly beneficially owns 1,028,495 shares of Common Stock of DLH Holdings Corp. (the "Issuer"). Wynnefield Capital Management, LLC, as the sole general partner of the Reporting Person, has an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns.

SEC source: 0001104659-23-027948 · tm238353-1_4seq1.xml · nonDerivative · entry 2

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,862,926

F2 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 2,044,044 shares of Common Stock, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. I, as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P. I, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap Value, L.P. I, has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value L.P. I directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value, L.P. I directly beneficially owns.

F3 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 692,395 shares of Common Stock, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section 13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Nelson Obus and Joshua Landes, as principal executive officers of Wynnefield Capital, Inc., have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns.

F4 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 126,487 shares of Common Stock, which are directly beneficially owned by Wynnefield Capital, Inc. Profit Sharing Plan, as members of a group under Section 13(d) of the Exchange Act. Wynnefield Capital, Inc. Profit Sharing Plan, which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person. Mr. Obus and Mr. Landes, as co-trustees, have the power to vote and dispose of Wynnefield Capital, Inc. Profit Sharing Plan's investments in securities and have indirect beneficial ownership interests in the shares of Common Stock that Wynnefield Capital, Inc. Profit Sharing Plan directly beneficially owns.

SEC source: 0001104659-23-027948 · tm238353-1_4seq1.xml · nonDerivative · entry 1

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,068,495

F1 · ownership.direct: The Reporting Person directly beneficially owns 1,068,495 shares of Common Stock. Wynnefield Capital Management, LLC, as the sole general partner of the Reporting Person, has an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns.

SEC source: 0000785557-23-000015 · wf-form4_167520493633065.xml · nonDerivative · entry 1

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 748,133

F1 · security: Grant of time-based restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of common stock. The award vests in full on September 30, 2025, provided that Mr. Parker remains in the employment of the Company as of such date.

SEC source: 0000785557-22-000034 · wf-form4_166750696319240.xml · derivative · entry 3

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 250,000

Underlying: Common Stock · 250,000 shares

Expires 2022-11-21

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: The option was granted on November 21, 2012 and represented the right to purchase a total of 250,000 shares. Such option became exercisable upon satisfaction of vesting conditions.

SEC source: 0000785557-22-000034 · wf-form4_166750696319240.xml · nonDerivative · entry 2

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 692,851

F1 · shares: Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4 and the corresponding tax obligations of the reporting person arising from the exercise of the options.

SEC source: 0000785557-22-000034 · wf-form4_166750696319240.xml · nonDerivative · entry 1

Parker Zachary · CIK 0001484008 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 760,059

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000785557-22-000030 · wf-form4_166491402415165.xml · nonDerivative · entry 1

DELANEY MARTIN J · CIK 0001253825 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,239

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000029 · wf-form4_166491393844083.xml · nonDerivative · entry 1

ALLEN JAMES P · CIK 0001076790 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,824

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000028 · wf-form4_166491392020975.xml · nonDerivative · entry 1

Granger Elder · CIK 0001625579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,682

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000027 · wf-form4_166491388784923.xml · nonDerivative · entry 1

Yerks Austin J. III · CIK 0001562731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 136,241

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000024 · wf-form4_166491369017469.xml · nonDerivative · entry 1

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 241,839

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000026 · wf-form4_166491385907206.xml · nonDerivative · entry 1

ZELKOWICZ STEPHEN · CIK 0001616648 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,866

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000025 · wf-form4_166491383936290.xml · nonDerivative · entry 1

Murphy Frances M · CIK 0001666394 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,241

F1 · security: Grant of restricted stock units pursuant to the Company's 2016 Omnibus Equity Incentive Plan. The award vests in full on September 30, 2023.

SEC source: 0000785557-22-000016 · wf-form4_166327324056731.xml · nonDerivative · entry 1

Everett Jacqueline S. · CIK 0001817274 · Chief Growth Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,402

F1 · price: The price reported in Column 4 of Table 1 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.00 to $15.13, inclusive. The reporting person undertakes to provide to the corporation, any security holder of the corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.

SEC source: 0000785557-22-000014 · wf-form4_165999088854511.xml · derivative · entry 2

Everett Jacqueline S. · CIK 0001817274 · Chief Growth Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,000

Underlying: Common Stock · 25,000 shares

Expires 2030-07-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The option initially represented the right to purchase a total of 250,000 shares. Options to purchase 50,000 shares vested on the one-year anniversary of the grant date and the remainder vested upon the satisfaction of certain vesting conditions.

SEC source: 0000785557-22-000014 · wf-form4_165999088854511.xml · nonDerivative · entry 1

Everett Jacqueline S. · CIK 0001817274 · Chief Growth Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000785557-22-000011 · wf-form4_165480695393779.xml · derivative · entry 3

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 191,000 shares

Expires 2022-06-25

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The option initially represented the right to purchase a total of 250,000 shares and became exercisable, in part, on June 25, 2012. The remaining shares subject to this option subsequently vested over time.

SEC source: 0000785557-22-000011 · wf-form4_165480695393779.xml · nonDerivative · entry 2

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 321,881

F1 · shares: Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4 and the corresponding tax obligations of the reporting person arising from the exercise of the options.

SEC source: 0000785557-22-000011 · wf-form4_165480695393779.xml · nonDerivative · entry 1

JohnBull Kathryn M. · CIK 0001553121 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 353,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000785557-22-000006 · wf-form4_164625661678226.xml · nonDerivative · entry 3

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 232,222

F1 · balance_after: Includes 8,918 unvested restricted stock units granted pursuant to the Company's 2016 Omnibus Equity Incentive Plan, which vest September 30, 2022.

SEC source: 0000785557-22-000006 · wf-form4_164625661678226.xml · nonDerivative · entry 2

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,107

F1 · balance_after: Includes 8,918 unvested restricted stock units granted pursuant to the Company's 2016 Omnibus Equity Incentive Plan, which vest September 30, 2022.

SEC source: 0000785557-22-000006 · wf-form4_164625661678226.xml · nonDerivative · entry 1

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,157

F1 · balance_after: Includes 8,918 unvested restricted stock units granted pursuant to the Company's 2016 Omnibus Equity Incentive Plan, which vest September 30, 2022.

SEC source: 0000785557-22-000005 · wf-form4_164461415230994.xml · nonDerivative · entry 2

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 239,657

F2 · balance_after: Includes 8,918 unvested restricted stock units granted pursuant to the Company's 2016 Omnibus Equity Incentive Plan, which vest September 30, 2022.

SEC source: 0000785557-22-000005 · wf-form4_164461415230994.xml · nonDerivative · entry 1

Wasserman Frederick Gerald · CIK 0001384383 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 242,222

F1 · price: The price reported in Column 4 of Table 1 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $17.50 to $18.15, inclusive. The reporting person undertakes to provide to the corporation, any security holder of the corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.

F2 · balance_after: Includes 8,918 unvested restricted stock units granted pursuant to the Company's 2016 Omnibus Equity Incentive Plan, which vest September 30, 2022.

SEC source: 0000785557-21-000024 · wf-form4_163658226388159.xml · derivative · entry 1

Ferebee Galeel Maliek · CIK 0001892775 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 250,000

Underlying: Common Stock · 250,000 shares

Expires 2031-11-08

F1 · derivative.exercise_date: This is an award of common stock purchase options under the Company's 2016 Omnibus Equity Incentive Plan. Of the options reported above, options to purchase 50,000 shares will vest on the one-yearanniversary of the grant date and the remainder will vest upon the satisfaction of certain vesting conditions.

SEC source: 0001104659-21-134559 · tm2132017-1_4seq1.xml · derivative · entry 4

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Common Stock · 35,925 shares

Expires 2021-11-02

F1 · kind: Represents exercise of warrants to purchase the common stock, par value $0.001 per share (the "Common Stock") of DLH Holdings Corp. (the "Issuer") at an exercise price of $3.73 per share.

F3 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 1,991,447 shares of Common Stock, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. I, as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P. I, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap Value, L.P. I, has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value L.P. I directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value, L.P. I directly beneficially owns.

F4 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 740,503 shares of Common Stock, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section 13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Nelson Obus and Joshua Landes, as principal executive officers of Wynnefield Capital, Inc., have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns.

F5 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 126,487 shares of Common Stock, which are directly beneficially owned by Wynnefield Capital, Inc. Profit Sharing Plan, as members of a group under Section 13(d) of the Exchange Act. Wynnefield Capital, Inc. Profit Sharing Plan, which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person. Mr. Obus and Mr. Landes, as co-trustees, have the power to vote and dispose of Wynnefield Capital, Inc. Profit Sharing Plan's investments in securities and have indirect beneficial ownership interests in the shares of Common Stock that Wynnefield Capital, Inc. Profit Sharing Plan directly beneficially owns.

SEC source: 0001104659-21-134559 · tm2132017-1_4seq1.xml · derivative · entry 3

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 17,694 shares

Expires 2021-11-02

F1 · kind: Represents exercise of warrants to purchase the common stock, par value $0.001 per share (the "Common Stock") of DLH Holdings Corp. (the "Issuer") at an exercise price of $3.73 per share.

F2 · ownership.direct: The Reporting Person directly beneficially owns 1,066,442 shares of Common Stock. Wynnefield Capital Management, LLC, as the sole general partner of the Reporting Person, has an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns.

SEC source: 0001104659-21-134559 · tm2132017-1_4seq1.xml · nonDerivative · entry 2

WYNNEFIELD PARTNERS SMALL CAP VALUE LP · CIK 0000899083 · 10% owner

WYNNEFIELD PARTNERS SMALL CAP VALUE LP I · CIK 0001251565 · 10% owner

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD · CIK 0001030806 · 10% owner

WYNNEFIELD CAPITAL MANAGEMENT LLC · CIK 0001056835 · 10% owner

WYNNEFIELD CAPITAL INC · CIK 0001251567 · 10% owner

Wynnefield Capital, Inc. Profit Sharing Plan · CIK 0001289453 · 10% owner

OBUS NELSON · CIK 0001017043 · 10% owner

LANDES JOSHUA · CIK 0001251568 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,858,437

F1 · kind: Represents exercise of warrants to purchase the common stock, par value $0.001 per share (the "Common Stock") of DLH Holdings Corp. (the "Issuer") at an exercise price of $3.73 per share.

F3 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 1,991,447 shares of Common Stock, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. I, as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P. I, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap Value, L.P. I, has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value L.P. I directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value, L.P. I directly beneficially owns.

F4 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 740,503 shares of Common Stock, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section 13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Nelson Obus and Joshua Landes, as principal executive officers of Wynnefield Capital, Inc., have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns.

F5 · ownership.nature: The Reporting Person has an indirect beneficial ownership interest in 126,487 shares of Common Stock, which are directly beneficially owned by Wynnefield Capital, Inc. Profit Sharing Plan, as members of a group under Section 13(d) of the Exchange Act. Wynnefield Capital, Inc. Profit Sharing Plan, which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person. Mr. Obus and Mr. Landes, as co-trustees, have the power to vote and dispose of Wynnefield Capital, Inc. Profit Sharing Plan's investments in securities and have indirect beneficial ownership interests in the shares of Common Stock that Wynnefield Capital, Inc. Profit Sharing Plan directly beneficially owns.