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

Role
VP-Strategic Business Dev
Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2023
Net transactions value
-$49,342
Form type
4
Filing time
05 Jul 2023, 17:13:21 UTC
Previous filing
13 Feb 2023
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 +5,995 +24% 31,149 30 Jun 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability $49,342 -2,582 -8.3% $19.11 28,567 30 Jun 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 -5,995 -39% 9,520 30 Jun 2023 Common Stock 5,995 Direct F1, F2
transaction FLXS Restricted Stock Units Award +4,537 +48% 14,057 01 Jul 2023 Common Stock 4,537 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.