Michael Johnson - Apr 29, 2024 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
Director, 10%+ Owner
Signature
/s/ Kevin Royal, Attorney-in-fact for Michael Johnson
Stock symbol
FLUX
Transactions as of
Apr 29, 2024
Transactions value $
$0
Form type
4
Date filed
4/30/2024, 06:30 PM
Previous filing
Apr 22, 2024
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLUX Common Stock Options Exercise +1.53K +0.04% 4.34M Apr 29, 2024 By Esenjay Investments, LLC F1, F3

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 Unit Options Exercise -1.53K -100% 0 Apr 29, 2024 Common Stock 1.53K Direct F1, F2
* 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 1,526 restricted stock units ("RSUs"), which converted into the Issuer's common stock on a one-for-one basis.
F2 This award was granted on April 29, 2021 subject to the terms conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Equity Incentive Plan. One third of the original grant of 4,578 RSUs vested on April 29, 2022, and a subsequent one third vested on April 29, 2023. On April 29, 2024, the remaining one third of the original grant vested.
F3 Consists of 39,254 shares of common stock directly held by the Reporting Person and 4,299,756 indirectly held by Esenjay Investments, LLC, a Delaware limited liability company ("Esenjay"). The Reporting Person is the sole director and beneficial owner of Esenjay.

Remarks:

Exhibit 24 - Power of Attorney