Derek P. Schmidt - 11 Feb 2022 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
CFO & COO
Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
11 Feb 2022
Net transactions value
+$382,859
Form type
4
Filing time
14 Feb 2022, 12:09:00 UTC
Previous filing
05 Jan 2022
Next filing
06 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Purchase $278,255 +12,411 +7.9% $22.42 168,918 11 Feb 2022 Direct F1
transaction FLXS Common Stock Purchase $8,124 +356 +54% $22.82 1,013 11 Feb 2022 Christine Schmidt IRA F1
transaction FLXS Common Stock Purchase $96,480 +4,344 +2.6% $22.21 173,262 14 Feb 2022 Direct F1

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 FLXS Restricted Stock Units 17,373 11 Feb 2022 Common Stock 17,373 Direct F2, F3, F4, F5
holding FLXS Option 4/6/20 108,884 11 Feb 2022 Common Stock 108,884 $9.97 Direct
holding FLXS Option 7/1/20 13,566 11 Feb 2022 Common Stock 13,566 $12.77 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.25 to $22.84 on 2/11/2022 and $22.20 to $22.33 on 2/14/22. The reporting person undertakes to provide to Flexsteel Industries, Inc., any security holder of Flexsteel Industries, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F3 On 4/6/20 4,815 restricted stock units were granted. These restricted stock units vest on June 30, 2022.
F4 On 7/1/20, 9,062 restricted stock units were granted. These restricted stock units vest on June 30, 2023.
F5 On 7/1/21 3,496 restricted stock units were granted. These restricted stock units vest on June 30, 2024.