Charles Scheiwe - 27 Oct 2022 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
27 Oct 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
01 Nov 2022, 21:53:22 UTC
Date Of Original Report
31 Oct 2022
Previous filing
01 Dec 2021
Next filing
01 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLUX Common Stock Options Exercise +2,100 +26% 10,118 27 Oct 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 -2,100 -33% 4,200 27 Oct 2022 Common Stock 2,100 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.

Remarks:

This Form 4/A is being filed solely to correct the Relationship of the Reporting Person to the Issuer in the Form 4 filed on October 31, 2022 (the "Original Form 4"). The Original Form 4 inadvertently indicated that the Reporting Person is a director of the Issuer. The Reporting Person is the CFO and Secretary of the Issuer. All other information in the Original Form 4 remains unchanged.