Ronald F. Dutt - Oct 20, 2023 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role: CEO and President, Director
Signature: /s/ Ronald F. Dutt
Stock symbol: FLUX
Transactions as of: Oct 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/24/2023, 04:38 PM
Previous filing: Jun 16, 2023
Next filing: Oct 30, 2023

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 (right to buy)	Award		+223K			223K	Oct 20, 2023	Common Stock	223K	$3.36	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 20, 2023 (the "Grant Date"), the Reporting Person was granted 223,216 incentive stock options (the "Options") at an exercise price of $3.36, which is based on the Issuer's 10-day volume weighted average price on the Grant Date. The Options will vest annually over three years from 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 20, 2023 (the "Grant Date"), the Reporting Person was granted 223,216 incentive stock options (the "Options") at an exercise price of $3.36, which is based on the Issuer's 10-day volume weighted average price on the Grant Date. The Options will vest annually over three years from the Grant Date. The Options were granted in a transaction exempt under Rule 16b-3 to the Reporting Person.