Jonathan Andrew Berry - Oct 27, 2021 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role: COO
Signature: /s/ Jonathan A. Berry
Stock symbol: FLUX
Transactions as of: Oct 27, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/29/2021, 08:07 PM
Previous filing: Jul 16, 2021
Next filing: Nov 2, 2021

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	FLUX	Time Based Restricted Stock Units	Award	$0	+6.3K		$0.00	6.3K	Oct 27, 2021	Common Stock	6.3K	$0.00	Direct	F1
transaction	FLUX	Performance Based Restricted Stock Units	Award	$0	+9.45K		$0.00	9.45K	Oct 27, 2021	Common Stock	9.45K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs") pursuant to the Issuer's 2014 Equity Incentive Plan ("Plan") on October 27, 2021 (the "Grant Date"). Each RSU represents the right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs will vest annually in one-third installments over 3 years, with the first installment vest date occurring one year from the Grant Date.
F2	Represents a grant of RSUs pursuant to the Plan on the Grant Date. Each RSU represents the right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs is subject to a 3 year "cliff vesting", with the number of RSUs determined by performance targets for the period from January 1, 2022 to June 30, 2022. If the performance targets are not achieved, the RSUs will terminate.

Content

Represents a grant of restricted stock units ("RSUs") pursuant to the Issuer's 2014 Equity Incentive Plan ("Plan") on October 27, 2021 (the "Grant Date"). Each RSU represents the right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs will vest annually in one-third installments over 3 years, with the first installment vest date occurring one year from the Grant Date.

Represents a grant of RSUs pursuant to the Plan on the Grant Date. Each RSU represents the right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs is subject to a 3 year "cliff vesting", with the number of RSUs determined by performance targets for the period from January 1, 2022 to June 30, 2022. If the performance targets are not achieved, the RSUs will terminate.