Derek P. Schmidt - 30 Jun 2024 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Role
President & CEO, Director
Signature
/s/ Jennifer Zeman, attorney-in-fact
Issuer symbol
FLXS
Transactions as of
30 Jun 2024
Net transactions value
-$173,812
Form type
4
Filing time
02 Jul 2024, 17:24:49 UTC
Previous filing
13 Sep 2023
Next filing
02 Jul 2025
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 +3,496 +2.6% 136,687 30 Jun 2024 Direct F1, F2
transaction FLXS Common Stock Tax liability $49,261 -1,586 -1.2% $31.06 135,101 30 Jun 2024 Direct
transaction FLXS Common Stock Options Exercise +8,841 +6.5% 143,942 30 Jun 2024 Direct F2, F3
transaction FLXS Common Stock Tax liability $124,551 -4,010 -2.8% $31.06 139,932 30 Jun 2024 Direct
holding FLXS Common Stock 1,081 30 Jun 2024 Christine Schmidt IRA
holding FLXS Common Stock 60,913 30 Jun 2024 Derek Schmidt 401(k)
holding FLXS Common Stock 1,096 30 Jun 2024 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 -3,496 -100% 0 30 Jun 2024 Common Stock 3,496 Direct F1, F2
transaction FLXS Restricted Stock Units Options Exercise -8,841 -100% 0 30 Jun 2024 Common Stock 8,841 Direct F2, F3
transaction FLXS Restricted Stock Units Award +10,082 10,082 01 Jul 2024 Common Stock 10,082 Direct F2, F4
transaction FLXS Restricted Stock Units Award +3,316 3,316 01 Jul 2024 Common Stock 3,316 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 7/1/2021 3,496 restricted stock units were granted. These restricted stock units vested on June 30, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F3 On 7/1/2022, 8,841 restricted stock units were granted. The restricted stock units vested on June 30, 2024.
F4 On 7/1/2024, 10,082 restricted stock units were granted. The restricted stock units vest on June 30, 2027.
F5 On 7/1/2024, 3,316 restricted stock units were granted. The restricted stock units vest on June 30, 2027.