Michael Joseph McClaflin - 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
+$125,440
Form type
4
Filing time
05 Jul 2022, 10:26:57 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 +3,834 +18% 25,219 30 Jun 2022 Direct F1, F2
transaction FLXS Common Stock Tax liability $33,246 -1,847 -7.3% $18.00 23,372 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 -3,834 -35% 7,247 30 Jun 2022 Common Stock 3,834 Direct F1, F2
transaction FLXS Restricted Stock Units Award $79,997 +4,160 +57% $19.23 11,407 01 Jul 2022 Common Stock 4,160 Direct F2, F3
transaction FLXS Restricted Stock Units Award $78,689 +4,092 +36% $19.23 15,499 01 Jul 2022 Common Stock 4,092 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, 3,834 restricted stock units were granted. These restricted stock units vested on 06/30/2022.
F2 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F3 On 7/1/2022, 4,160 restricted stock units were granted. The restricted stock units will vest on June 30, 2024.
F4 On 7/1/2022, 4,092 restricted stock units were granted. The restricted stock units will vest on June 30, 2025.