JERALD K. DITTMER - 30 Jun 2023 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
President & CEO
Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2023
Net transactions value
-$219,153
Form type
4
Filing time
05 Jul 2023, 17:06:22 UTC
Previous filing
16 Dec 2022
Next filing
13 Sep 2023
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 +29,142 +38% 105,896 30 Jun 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability $219,153 -11,468 -11% $19.11 94,428 30 Jun 2023 Direct
holding FLXS Common Stock 12,500 30 Jun 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 -29,142 -37% 50,093 30 Jun 2023 Common Stock 29,142 Direct F1, F2
transaction FLXS Restricted Stock Units Award +20,988 +42% 71,081 01 Jul 2023 Common Stock 20,988 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.