Ronald F. Dutt - Oct 29, 2021 Form 4/A - Amendment Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
CEO and President, Director
Signature
/s/ Ronald F. Dutt
Stock symbol
FLUX
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/2/2021, 02:58 PM
Date Of Original Report
Oct 27, 2021
Previous filing
Oct 29, 2021
Next filing
Dec 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 +12.1K $0.00 12.1K Oct 29, 2021 Common Stock 12.1K $0.00 Direct F1, F3
transaction FLUX Performance Based Restricted Stock Units Award $0 +18.1K $0.00 18.1K Oct 29, 2021 Common Stock 18.1K $0.00 Direct F2, F3
* 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 29, 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 October 27, 2021.
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.
F3 Clerical error as to the Grant Date.

Remarks:

This Form 4/A is being filed to correct the Grant Date from October 27, 2021 to October 29, 2021.