Michael Bingold - Jan 26, 2023 Form 4 Insider Report for FLUSHING FINANCIAL CORP (FFIC)

Role
SEVP
Signature
Signed by Russell A. Fleishman under Power of Attorney by Michael Bingold
Stock symbol
FFIC
Transactions as of
Jan 26, 2023
Transactions value $
-$56,991
Form type
4
Date filed
1/30/2023, 07:09 PM
Previous filing
Nov 28, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIC Common Stock Options Exercise +4.35K +12.31% 39.7K Jan 26, 2023 Direct F1
transaction FFIC Common Stock Tax liability -$36K -1.8K -4.53% $19.99 37.9K Jan 26, 2023 Direct F2
transaction FFIC Common Stock Award +8.3K +21.9% 46.2K Jan 26, 2023 Direct F3
transaction FFIC Common Stock Tax liability -$8.32K -419 -0.91% $19.85 45.8K Jan 27, 2023 Direct F3
transaction FFIC Common Stock Tax liability -$12.7K -660 -1.44% $19.26 45.1K Jan 28, 2023 Direct
holding FFIC Common Stock 3.28K Jan 26, 2023 401k F4

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 FFIC Common Stock Options Exercise -4.35K -100% 0 Jan 26, 2023 Common Stock 4.35K Direct F5
transaction FFIC Common Stock Purchase +8.3K 8.3K Jan 26, 2023 Common Stock 8.3K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition resulted from vesting of an equal number of PRSUs, at below target, from the January 30, 2020 grant.
F2 Shares withheld to satisfy taxes upon vesting.
F3 Grant of RSUs which vest ratably annually over a five year period.
F4 Shares held in Flushing Bank 401(k) a/o 1/27/23.
F5 Disposition resulted from vesting of an equal number of PRSUs, at below target achievement, from the January 30, 2020 grant.
F6 Grant of PRSUs, at target level, which cliff vest at the end of three year performance period if certain performance metrics are achieved.