John R. Buran - Jan 27, 2022 Form 4 Insider Report for FLUSHING FINANCIAL CORP (FFIC)

Role
President & CEO, Director
Signature
Signed by Russell A. Fleishman under Power of Attorney by John R. Buran
Stock symbol
FFIC
Transactions as of
Jan 27, 2022
Transactions value $
-$207,054
Form type
4
Date filed
1/31/2022, 05:30 PM
Previous filing
Dec 1, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIC Common Stock Options Exercise +17.6K +16.65% 123K Jan 27, 2022 Direct F1
transaction FFIC Common Stock Tax liability -$162K -6.46K -5.23% $25.11 117K Jan 27, 2022 Direct F2
transaction FFIC Common Stock Award +11.8K +10.04% 129K Jan 27, 2022 Direct F3
transaction FFIC Common Stock Tax liability -$44.8K -1.88K -1.46% $23.80 127K Jan 28, 2022 Direct F2
holding FFIC Common Stock 86.6K Jan 27, 2022 401k F4

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 FFIC Common Stock Options Exercise -17.6K -100% 0 Jan 27, 2022 Common Stock 17.6K Direct F5
transaction FFIC Common Stock Options Exercise +11.8K 11.8K Jan 27, 2022 Common Stock 11.8K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition resulted from vesting of an equal number of PRSUs, at max achievement, from the January 31, 2019 grant.
F2 Shares withheld to satisfy taxes upon vesting.
F3 Grant of RSUs which vest ratably annually over a five year period.
F4 Shares held in Flushing Bank 401k a/o 1/28/22.
F5 Disposition resulted from vesting of an equal number of PRSUs, at max achievement, from the January 31, 2019 grant.
F6 Grant of PRSUs, at target level, which cliff vest at the end of three year performance period if certain performance metrics are achieved.