Derek P. Schmidt - 30 Jun 2023 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 2023
Net transactions value
-$78,810
Form type
4
Filing time
05 Jul 2023, 17:09:41 UTC
Previous filing
19 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 +9,092 +7.4% 131,253 30 Jun 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability $78,810 -4,124 -3.1% $19.11 127,129 30 Jun 2023 Direct
holding FLXS Common Stock 1,056 30 Jun 2023 Christine Schmidt IRA
holding FLXS Common Stock 59,394 30 Jun 2023 Derek Schmidt 401(k)
holding FLXS Common Stock 1,071 30 Jun 2023 Derek 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 -9,092 -30% 20,943 30 Jun 2023 Common Stock 9,092 Direct F1, F2
transaction FLXS Restricted Stock Units Award +9,444 +45% 30,387 01 Jul 2023 Common Stock 9,444 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 7/1/20, 9,092 restricted stock units were granted. These 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, 9,444 restricted stock units were granted. The restricted stock units will vest on June 30, 2026.