Ronald F. Dutt - Oct 27, 2022 Form 4 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 27, 2022
Transactions value $
$0
Form type
4
Date filed
10/31/2022, 08:15 PM
Previous filing
Dec 2, 2021
Next filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLUX Common Stock Options Exercise +4.02K +15.25% 30.4K Oct 27, 2022 Direct F1

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 Restricted Stock Units Options Exercise -4.02K -33.33% 8.04K Oct 27, 2022 Common Stock 4.02K Direct F1
* 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") subject to the conditions of the Restricted Stock Unit Award Agreement pursuant to the Issuer's 2014 Equity Incentive Plan (the "Original RSU Grant") on October 27, 2021 (the "Original RSU Grant Date"). Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 1/3 of the Original RSU Grant vested on October 27, 2022, and each subsequent 1/3 of the Original Grant is scheduled to vest on October 27, 2023 and October 27, 2024, respectively.