Stacy Marie Kammes - 01 Jul 2021 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
01 Jul 2021
Net transactions value
+$49,980
Form type
4
Filing time
06 Jul 2021, 15:34:40 UTC
Next filing
05 Jul 2022

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 FLXS Restricted Stock Units Award $49,980 +1,176 +24% $42.50 6,000 01 Jul 2021 Common Stock 1,176 Direct F1, F2, F3, F4
holding FLXS Option 01/15/2019 2,617 01 Jul 2021 Common Stock 2,617 $24.98 Direct F5
holding FLXS Option 09/13/2018 2,286 01 Jul 2021 Common Stock 2,286 $32.80 Direct
holding FLXS Option 09/08/2017 1,548 01 Jul 2021 Common Stock 1,548 $45.21 Direct
holding FLXS Option 09-01-2016 1,475 01 Jul 2021 Common Stock 1,475 $47.45 Direct
holding FLXS Option 07/01/2015 812 01 Jul 2021 Common Stock 812 $43.09 Direct
holding FLXS Option 12/08/2014 500 01 Jul 2021 Common Stock 500 $31.06 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F2 On 7/1/2021, 1,176 restricted stock units were granted. These restricted stock units vest on June 30, 2024
F3 On 07/19/2019, 1,893 restricted stock units were granted. These restricted stock units vest on June 30, 2022.
F4 On 07/01/2020, 2,931 restricted stock units were granted. The restricted stock units vest on June 30, 2023.
F5 The options vest in three installments. On January 15, 2019, 872 options vested, on January 15, 2020, 872 options vested, and on January 15, 2021, 873 options shall vest.