Timothy Patrick Newlin - Jun 30, 2023 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
VP-Strategic Business Dev
Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Jun 30, 2023
Transactions value $
-$49,342
Form type
4
Date filed
7/5/2023, 05:13 PM
Previous filing
Feb 13, 2023
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 +6K +23.83% 31.1K Jun 30, 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability -$49.3K -2.58K -8.29% $19.11 28.6K Jun 30, 2023 Direct

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 -6K -38.64% 9.52K Jun 30, 2023 Common Stock 6K Direct F1, F2
transaction FLXS Restricted Stock Units Award +4.54K +47.66% 14.1K Jul 1, 2023 Common Stock 4.54K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 7/1/2020, 5,995 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, 4,537 restricted stock units were granted. The restricted stock units vest on June 30, 2026.