Charles Scheiwe - Oct 31, 2022 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Signature
/s/ Charles Scheiwe
Stock symbol
FLUX
Transactions as of
Oct 31, 2022
Transactions value $
$0
Form type
4
Date filed
11/1/2022, 07:01 PM
Previous filing
Nov 1, 2022
Next filing
Oct 24, 2023

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 Stock Options Award +41.9K 41.9K Oct 31, 2022 Common Stock 41.9K $3.43 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's 2021 Equity Incentive Plan (the "2021 Plan"), on October 31, 2022 (the "Grant Date"), the Reporting Person was granted 41,878 incentive stock options (the "Options") at an exercise price of $3.43, which is based on the Issuer's 10-day volume weighted average price on the Grant Date. The Options will vest in four equal annual installments commencing one year after the Grant Date. The Options were granted in a transaction exempt under Rule 16b-3 to the Reporting Person.