Jeffrey C. Mason - Oct 20, 2023 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Signature
/s/ Jeffrey Curtis Mason
Stock symbol
FLUX
Transactions as of
Oct 20, 2023
Transactions value $
$0
Form type
4
Date filed
10/24/2023, 04:40 PM
Previous filing
Nov 17, 2022
Next filing
Oct 31, 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 +54.9K 54.9K Oct 20, 2023 Common Stock 54.9K $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 54,934 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.