John R. Buran - 10 Feb 2023 Form 4 Insider Report for FLUSHING FINANCIAL CORP (FFIC)

Role
President & CEO, Director
Signature
Signed by Russell A. Fleishman under POA by John R. Buran
Issuer symbol
FFIC
Transactions as of
10 Feb 2023
Net transactions value
-$120,428
Form type
4
Filing time
26 Jan 2024, 18:45:42 UTC
Previous filing
01 Feb 2023
Next filing
30 Jan 2024
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 +13,900 +16% 103,224 10 Feb 2023 Direct F1
transaction FFIC Common Stock Options Exercise +16,410 +16% 119,634 25 Jan 2024 Direct F2
transaction FFIC Common Stock Tax liability $103,079 -6,132 -5.1% $16.81 113,502 25 Jan 2024 Direct F3
transaction FFIC Common Stock Award +11,750 +10% 125,252 25 Jan 2024 Direct F4
transaction FFIC Common Stock Tax liability $17,349 -1,029 -0.82% $16.86 124,223 26 Jan 2024 Direct F3
holding FFIC Common Stock 103,536 10 Feb 2023 401k F5

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 -16,410 -100% 0 25 Jan 2024 Common Stock 16,410 Direct F6
transaction FFIC Common Stock Options Exercise +11,750 11,750 25 Jan 2024 Common Stock 11,750 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gift of shares.
F2 Acquisition resulting from vesting of an equal number of PRSUs, above target achievement, from the January 28, 2021 grant.
F3 Shares withheld to satisfy taxes upon vesting.
F4 Grant of RSUs which cliff vest at the end of three year vesting period.
F5 Shares held in Flushing Bank 401(k) Savings Plan a/o 1/25/24.
F6 Disposition resulted from vesting of an equal number of PRSUs, above target achievement, from the January 28, 2021 grant.
F7 Grant of PRSUs which cliff vest at the end of three-year performance period if certain metrics are achieved.