Jeffrey C. Mason - Oct 27, 2023 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role: Vice President of Operations
Signature: /s/ Jeffrey C. Mason
Stock symbol: FLUX
Transactions as of: Oct 27, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/31/2023, 08:53 PM
Previous filing: Oct 24, 2023
Next filing: Nov 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLUX	Common Stock	Options Exercise		+1.28K	+93.02%		2.66K	Oct 27, 2023	Direct	F1

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		-1.28K	-50%		1.28K	Oct 27, 2023	Common Stock	1.28K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs") subject to the conditions of the Restricted Stock Unit Award Agreement pursuant to the Issuer's 2014 Equity Incentive Plan (the "Original Grant")on October 27, 2021. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 1/3 of the Original Grant vested on October 27, 2022, and a subsequent 1/3 of the Original Grant vested on October 27, 2023. The remaining 1/3 of the Original Grant is scheduled to vest on October 27, 2024.

Content

Represents a grant of restricted stock units ("RSUs") subject to the conditions of the Restricted Stock Unit Award Agreement pursuant to the Issuer's 2014 Equity Incentive Plan (the "Original Grant")on October 27, 2021. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 1/3 of the Original Grant vested on October 27, 2022, and a subsequent 1/3 of the Original Grant vested on October 27, 2023. The remaining 1/3 of the Original Grant is scheduled to vest on October 27, 2024.