Timothy Patrick Newlin - 30 Jun 2022 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2022
Net transactions value
+$118,762
Form type
4
Filing time
05 Jul 2022, 09:31:21 UTC
Previous filing
06 Jul 2021
Next filing
12 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +3,976 +16% 28,601 30 Jun 2022 Direct F1, F2
transaction FLXS Common Stock Tax liability $30,636 -1,702 -6% $18.00 26,899 30 Jun 2022 Direct

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 Options Exercise -3,976 -34% 7,746 30 Jun 2022 Common Stock 3,976 Direct F1, F2
transaction FLXS Restricted Stock Units Award $74,997 +3,900 +34% $19.23 15,515 01 Jul 2022 Common Stock 3,900 Direct F2, F3
transaction FLXS Restricted Stock Units Award $74,401 +3,869 +50% $19.23 11,615 01 Jul 2022 Common Stock 3,869 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 07/19/2019, 3,976 restricted stock units were granted. These restricted stock units vested on June 30, 2022.
F2 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F3 On 7/1/2022, 3,900 restricted stock units were granted. The restricted stock units vest on June 30, 2024.
F4 On 7/1/2022, 3,869 restricted stock units were granted. The restricted stock units vest on June 30, 2025.