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

Role
COO
Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2022
Net transactions value
+$298,499
Form type
4
Filing time
05 Jul 2022, 12:36:41 UTC
Previous filing
06 Apr 2022
Next filing
13 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +4,815 +2.8% 178,520 30 Jun 2022 Direct F1, F2
transaction FLXS Common Stock Tax liability $37,584 -2,088 -1.2% $18.00 176,432 30 Jun 2022 Direct
holding FLXS Common Stock 1,020 30 Jun 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 -4,815 -28% 12,558 30 Jun 2022 Common Stock 4,815 Direct F1, F2
transaction FLXS Restricted Stock Units Award $170,012 +8,841 +70% $19.23 21,399 01 Jul 2022 Common Stock 8,841 Direct F2, F3
transaction FLXS Restricted Stock Units Award $166,070 +8,636 +40% $19.23 30,035 01 Jul 2022 Common Stock 8,636 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.