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

Role
CFO and Secretary
Signature
/s/ Charles Scheiwe
Issuer symbol
FLUX
Transactions as of
29 Oct 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
02 Nov 2021, 15:01:16 UTC
Date Of Original Report
27 Oct 2021
Previous filing
29 Oct 2021
Next filing
01 Dec 2021
SEC
View on sec.gov

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 +6,300 $0.000000 6,300 29 Oct 2021 Common Stock 6,300 $0.000000 Direct F1, F3
transaction FLUX Performance Based Restricted Stock Units Award $0 +9,450 $0.000000 9,450 29 Oct 2021 Common Stock 9,450 $0.000000 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.