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

Role
President & CEO, Director
Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Jun 30, 2024
Transactions value $
-$173,812
Form type
4
Date filed
7/2/2024, 05:24 PM
Previous 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 +3.5K +2.62% 137K Jun 30, 2024 Direct F1, F2
transaction FLXS Common Stock Tax liability -$49.3K -1.59K -1.16% $31.06 135K Jun 30, 2024 Direct
transaction FLXS Common Stock Options Exercise +8.84K +6.54% 144K Jun 30, 2024 Direct F2, F3
transaction FLXS Common Stock Tax liability -$125K -4.01K -2.79% $31.06 140K Jun 30, 2024 Direct
holding FLXS Common Stock 1.08K Jun 30, 2024 Christine Schmidt IRA
holding FLXS Common Stock 60.9K Jun 30, 2024 Derek Schmidt 401(k)
holding FLXS Common Stock 1.1K Jun 30, 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 -3.5K -100% 0 Jun 30, 2024 Common Stock 3.5K Direct F1, F2
transaction FLXS Restricted Stock Units Options Exercise -8.84K -100% 0 Jun 30, 2024 Common Stock 8.84K Direct F2, F3
transaction FLXS Restricted Stock Units Award +10.1K 10.1K Jul 1, 2024 Common Stock 10.1K Direct F2, F4
transaction FLXS Restricted Stock Units Award +3.32K 3.32K Jul 1, 2024 Common Stock 3.32K 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.