Derek P. Schmidt - Jun 30, 2022 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
COO
Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Jun 30, 2022
Transactions value $
$298,499
Form type
4
Date filed
7/5/2022, 12:36 PM
Previous filing
Apr 6, 2022
Next filing
Jul 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +4.82K +2.77% 179K Jun 30, 2022 Direct F1, F2
transaction FLXS Common Stock Tax liability -$37.6K -2.09K -1.17% $18.00 176K Jun 30, 2022 Direct
holding FLXS Common Stock 1.02K Jun 30, 2022 Christine Schmidt IRA

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 -4.82K -27.72% 12.6K Jun 30, 2022 Common Stock 4.82K Direct F1, F2
transaction FLXS Restricted Stock Units Award $170K +8.84K +70.4% $19.23 21.4K Jul 1, 2022 Common Stock 8.84K Direct F2, F3
transaction FLXS Restricted Stock Units Award $166K +8.64K +40.36% $19.23 30K Jul 1, 2022 Common Stock 8.64K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 4/6/20 4,815 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, 8,841 restricted stock units were granted. The restricted stock units will vest on June 30, 2024.
F4 On 7/1/2022, 8,636 restricted stock units were granted. The restricted stock units will vest on June 30, 2025.