Francis W. Korzekwinski - 27 Jan 2022 Form 4 Insider Report for FLUSHING FINANCIAL CORP (FFIC)

Role: Sr. Executive Vice President
Signature: Signed by Russell A. Fleishman under Power of Attorney by Francis W. Korzekwinski
Issuer symbol: FFIC
Transactions as of: 27 Jan 2022
Net transactions value: -$99,776
Form type: 4
Filing time: 31 Jan 2022, 17:05:12 UTC
Previous filing: 17 Sep 2021
Next filing: 02 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FFIC	Common Stock	Options Exercise		+8,700	+13%		76,900	27 Jan 2022	Direct	F1
transaction	FFIC	Common Stock	Tax liability	$84,068	-3,348	-4.3%	$25.11	74,000	27 Jan 2022	Direct	F2
transaction	FFIC	Common Stock	Award		+5,800	+7.8%		79,800	27 Jan 2022	Direct	F3
transaction	FFIC	Common Stock	Tax liability	$15,708	-660	-0.83%	$23.80	79,140	28 Jan 2022	Direct	F2
holding	FFIC	Common Stock						89,205	27 Jan 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		-8,700	-100%		0	27 Jan 2022	Common Stock	8,700		Direct	F5
transaction	FFIC	Common Stock	Options Exercise		+5,800			5,800	27 Jan 2022	Common Stock	5,800		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 as of 1/28/2022.
F5	Disposition resulted from vesting of an equal number of PRSUs, at max achievement, from the January 31, 2019 grant.
F6	Grant of PRSUs which cliff vest at the end of three-year performance period if certain performance metrics are achieved.