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

Role
CFO & COO
Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Feb 11, 2022
Transactions value $
$382,859
Form type
4
Date filed
2/14/2022, 12:09 PM
Previous filing
Jan 5, 2022
Next filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Purchase $278K +12.4K +7.93% $22.42 169K Feb 11, 2022 Direct F1
transaction FLXS Common Stock Purchase $8.12K +356 +54.2% $22.82 1.01K Feb 11, 2022 Christine Schmidt IRA F1
transaction FLXS Common Stock Purchase $96.5K +4.34K +2.57% $22.21 173K Feb 14, 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 17.4K Feb 11, 2022 Common Stock 17.4K Direct F2, F3, F4, F5
holding FLXS Option 4/6/20 109K Feb 11, 2022 Common Stock 109K $9.97 Direct
holding FLXS Option 7/1/20 13.6K Feb 11, 2022 Common Stock 13.6K $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.