Jonathan Andrew Berry - 11 Nov 2022 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
FORMER COO
Signature
/s/ Jonathan Andrew Berry
Issuer symbol
FLUX
Transactions as of
11 Nov 2022
Net transactions value
-$103,500
Form type
4
Filing time
15 Nov 2022, 15:05:42 UTC
Previous filing
03 Dec 2021
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 $103,500 +22,500 +634% $4.60 26,048 11 Nov 2022 Direct F1
transaction FLUX Common Stock Tax liability $103,500 -21,928 -84% $4.72 4,120 11 Nov 2022 Direct F1, F2

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 Options Exercise $103,500 -22,500 -100% $4.60 0 11 Nov 2022 Common Stock 22,500 $4.60 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jonathan Andrew Berry is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the stock options under the Issuer's 2014 Equity Incentive Plan. The options has fully vested.
F2 Reflects 21,928 shares withheld by the Issuer at the market price of $4.72 per share less an exercise price of $4.60 per share to fund the cashless exercise of 22,500 options.
F3 All transactions are exempt from Section 16(b) by reason of Rule 16b-3.