Jerald K. Dittmer - Jun 30, 2023 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
President & CEO
Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Jun 30, 2023
Transactions value $
-$219,153
Form type
4
Date filed
7/5/2023, 05:06 PM
Previous filing
Dec 16, 2022
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +29.1K +37.97% 106K Jun 30, 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability -$219K -11.5K -10.83% $19.11 94.4K Jun 30, 2023 Direct
holding FLXS Common Stock 12.5K Jun 30, 2023 Jerald K. Dittmer Revocable Trust U/A DTD 12/9/2014

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 -29.1K -36.78% 50.1K Jun 30, 2023 Common Stock 29.1K Direct F1, F2
transaction FLXS Restricted Stock Units Award +21K +41.9% 71.1K Jul 1, 2023 Common Stock 21K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 07/01/2020, 29,142 restricted stock units were granted. The restricted stock units vested on June 30, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F3 On 7/1/2023, 20,988 restricted stock units were granted. The restricted stock units will vest on June 30, 2026.