John R. Buran - 04 Feb 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
Issuer symbol
FFIC
Transactions as of
04 Feb 2022
Net transactions value
-$127,134
Form type
4
Filing time
30 Jan 2023, 20:36:07 UTC
Previous filing
02 Feb 2022
Next filing
01 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIC Common Stock Gift -15,600 -13% 104,838 04 Feb 2022 Direct F1
transaction FFIC Common Stock Options Exercise +8,813 +8.4% 113,651 26 Jan 2023 Direct F2
transaction FFIC Common Stock Tax liability $67,086 -3,356 -3% $19.99 110,295 26 Jan 2023 Direct F3
transaction FFIC Common Stock Award +14,250 +13% 124,545 26 Jan 2023 Direct F4
transaction FFIC Common Stock Tax liability $23,820 -1,200 -0.96% $19.85 123,345 27 Jan 2023 Direct F3
transaction FFIC Common Stock Tax liability $36,228 -1,881 -1.5% $19.26 121,464 28 Jan 2023 Direct F3

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 -8,813 -100% 0 26 Jan 2023 Common Stock 8,813 Direct F5
transaction FFIC Common Stock Award +14,250 14,250 26 Jan 2023 Common Stock 14,250 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gifting of shares.
F2 Acquisition resulted from vesting of an equal number of PRSUs, at below target achievement, from the January 30, 2020 grant.
F3 Shares withheld to satisfy taxes upon vesting.
F4 Grant of RSUs which vest ratably annually over a five year period.
F5 Disposition resulted from vesting of an equal number of PRSUs, at below target achievement, from the January 30, 2020 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.