Jeffrey C. Mason - Nov 7, 2022 Form 3 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
Vice President of Operations
Signature
/s/ Jeffrey Curtis Mason
Stock symbol
FLUX
Transactions as of
Nov 7, 2022
Transactions value $
$0
Form type
3
Date filed
11/17/2022, 07:18 PM
Next filing
Oct 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLUX Common Stock 1.38K Nov 7, 2022 Direct

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
holding FLUX Time Based Restricted Stock Units Nov 7, 2022 Common Stock 2.56K $0.00 Direct F1, F3
holding FLUX Stock Options Nov 7, 2022 Common Stock 35K $3.43 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,840 restricted stock units ("RSUs") were granted pursuant to the Restricted Stock Unit Award Agreement, date October 29, 2021, under the Issuer's 2014 Equity Incentive Plan ("2014 Plan"), of which 1,280 RSUs have vested and 2,560 RSUs are unvested. 1,280 RSUs will vest on October 29, 2023 and the remaining 1,280 RSUs will vest on October 29, 2024.
F2 Pursuant to the Issuer's 2021 Equity Incentive Plan (the "2021 Plan"), on October 31, 2022, the Reporting Person was granted 34,986 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 October 31, 2022. The Options will vest in four equal annual installments commencing one year after October 31, 2022.
F3 All transactions are exempt from Section 16(b) by reason of Rule 16b-3.