Lisa Walters-Hoffert - Apr 28, 2023 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
Director
Signature
/s/ Charles A. Scheiwe, Attorney-in-fact for Lisa Walters-Hoffert
Stock symbol
FLUX
Transactions as of
Apr 28, 2023
Transactions value $
$0
Form type
4
Date filed
5/1/2023, 07:57 PM
Previous filing
Apr 21, 2023
Next filing
Sep 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLUX Common Stock Options Exercise +17.8K +704.39% 20.3K Apr 28, 2023 Direct F1
transaction FLUX Common Stock Options Exercise +1.53K +7.51% 21.8K Apr 29, 2023 Direct 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 Restricted Stock Units Options Exercise -17.8K -100% 0 Apr 28, 2023 Common Stock 17.8K Direct F1, F3
transaction FLUX Restricted Stock Unit Options Exercise -1.53K -50% 1.53K Apr 29, 2023 Common Stock 1.53K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of common stock issued upon the vesting of 17,793 restricted stock units ("RSUs"), which converted into the Issuer's common stock on a one-for-one basis.
F2 Represents the number of common stock issued upon the vesting of 1,526 RSUs, which converted into the Issuer's common stock on a one-for-one basis.
F3 This award was granted on April 28, 2022. 17,793 RSUs vested on April 28, 2023.
F4 Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. On April 29, 2021, in consideration for board services the Issuer granted 4,578 RSUs pursuant to a Restricted Stock Unit Award Agreement. One third of the original grant of 4,578 RSUs pursuant to the Issuer's 2014 Equity Incentive Plan vested on April 29, 2022, 1,526 of the remaining RSUs vested on April 29, 2023 and the remaining 1,526 RSU will vest on April 29, 2024.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated May 2, 2022.)