David Edward Crimmins - 30 Jun 2022 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
VP - Sales
Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2022
Net transactions value
+$122,518
Form type
4
Filing time
05 Jul 2022, 11:01:38 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 +2,229 +14% 17,851 30 Jun 2022 Direct F1, F2
transaction FLXS Common Stock Tax liability $19,476 -1,082 -6.1% $18.00 16,769 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 -2,229 -22% 8,051 30 Jun 2022 Common Stock 2,229 Direct F1, F2
transaction FLXS Restricted Stock Units Award $69,997 +3,640 +45% $19.23 11,691 01 Jul 2022 Common Stock 3,640 Direct F2, F3
transaction FLXS Restricted Stock Units Award $71,997 +3,744 +32% $19.23 15,435 01 Jul 2022 Common Stock 3,744 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 9/3/2019, 2,229 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, 3,640 restricted stock units were granted. The restricted stock units will vest on June 30, 2024.
F4 On 7/1/2022, 3,744 restricted stock units were granted. The restricted stock units will vest on June 30, 2025.