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

Role: CFO and Secretary
Signature: /s/ Charles Scheiwe
Issuer symbol: FLUX
Transactions as of: 31 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Nov 2022, 19:01:23 UTC
Previous filing: 01 Nov 2022
Next filing: 24 Oct 2023
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	Stock Options	Award		+41,878			41,878	31 Oct 2022	Common Stock	41,878	$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.

Content

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.