Derek P. Schmidt - 30 Jun 2023 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Jul 2023, 17:09:41 UTC
Prior SEC filing
19 Dec 2022
Next SEC filing
13 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer Zeman, attorney-in-fact

Key filing fact

Derek P. Schmidt filed Form 4 for FLEXSTEEL INDUSTRIES INC (FLXS) on 05 Jul 2023.

Key facts

  • This page summarizes Derek P. Schmidt's Form 4 filing for FLEXSTEEL INDUSTRIES INC (FLXS).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 05 Jul 2023, 17:09.

Change

  • Previous filing in this sequence was filed on 19 Dec 2022.
  • Current net transaction value: -$78,810.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FLXS transaction

Common Stock

Options Exercise

Transaction value
Shares
+9,092
Change %
+7.4%
Price
Shares after
131,253
Date
30 Jun 2023
Ownership
Direct
Footnotes
F1, F2
FLXS transaction

Common Stock

Tax liability

Transaction value
$78,810
Shares
-4,124
Change %
-3.1%
Price
$19.11
Shares after
127,129
Date
30 Jun 2023
Ownership
Direct
FLXS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,056
Date
30 Jun 2023
Ownership
Christine Schmidt IRA
FLXS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
59,394
Date
30 Jun 2023
Ownership
Derek Schmidt 401(k)
FLXS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,071
Date
30 Jun 2023
Ownership
Derek Schmidt IRA

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FLXS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-9,092
Change %
-30%
Price
Shares after
20,943
Date
30 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,092
Exercise price
Footnotes
F1, F2
FLXS transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+9,444
Change %
+45%
Price
Shares after
30,387
Date
01 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,444
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On 7/1/20, 9,092 restricted stock units were granted. These restricted stock units vested on June 30, 2023.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.

Footnote F3

On 7/1/2023, 9,444 restricted stock units were granted. The restricted stock units will vest on June 30, 2026.

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