Michael Joseph McClaflin - 30 Jun 2023 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2023
Net transactions value
-$50,030
Form type
4
Filing time
05 Jul 2023, 17:18:24 UTC
Previous filing
12 Sep 2022
Next filing
13 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +5,396 +21% 30,751 30 Jun 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability $50,030 -2,618 -8.5% $19.11 28,133 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 -5,396 -35% 10,103 30 Jun 2023 Common Stock 5,396 Direct F1, F2
transaction FLXS Restricted Stock Units Award +4,634 +46% 14,737 01 Jul 2023 Common Stock 4,634 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 5,396 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, 4,634 restricted stock units were granted. The restricted stock units will vest on June 30, 2026.