ENNIS, INC. — Director's Dealing 2023

Apr 25, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENNIS, INC. (EBF)
CIK: 0000033002
Period of Report: 2023-04-19

Reporting Person: PENNINGTON ROBERT T (Chief Revenue Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-19	Common Stock	M	954	—	Acquired	7104	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-16	RSU	$0	A	1909	Acquired		Common Stock (1909)	Direct
2023-04-19	RSU	$0	M	954	Disposed		Common Stock (954)	Direct
2023-04-21	ISO granted 4/21/2023	$19.88	A	10000	Acquired	2033-04-21	Common Stock (10000)	Direct

Footnotes

F1: Board authorized participation in Long-Term Incentive Plan on 09/16/2022 but terms of grant were not finalized until 09/21/2022 with effective date of 09/16/2022.

F2: Restricted units vest one-half April 19, 2023 and one-half April 19, 2024. Upon vesting some or all of restricted units (RSUs) may be converted to cash, stock or mixture of both.

F3: Option contract expires ten years from date of grant, and provides that shares will become exercisable 1/3 annually commencing on the first anniversary of grant. All option contracts are granted at market price on date of grant.