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

Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Jun 30, 2022
Transactions value $
$118,762
Form type
4
Date filed
7/5/2022, 09:31 AM
Previous filing
Jul 6, 2021
Next filing
Sep 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +3.98K +16.15% 28.6K Jun 30, 2022 Direct F1, F2
transaction FLXS Common Stock Tax liability -$30.6K -1.7K -5.95% $18.00 26.9K Jun 30, 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 -3.98K -33.92% 7.75K Jun 30, 2022 Common Stock 3.98K Direct F1, F2
transaction FLXS Restricted Stock Units Award $75K +3.9K +33.58% $19.23 15.5K Jul 1, 2022 Common Stock 3.9K Direct F2, F3
transaction FLXS Restricted Stock Units Award $74.4K +3.87K +49.95% $19.23 11.6K Jul 1, 2022 Common Stock 3.87K 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.