Michael Joseph McClaflin - Jun 30, 2023 Form 4 Insider Report for FLEXSTEEL INDUSTRIES INC (FLXS)

Signature
/s/ Jennifer Zeman, attorney-in-fact
Stock symbol
FLXS
Transactions as of
Jun 30, 2023
Transactions value $
-$50,030
Form type
4
Date filed
7/5/2023, 05:18 PM
Previous filing
Sep 12, 2022
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLXS Common Stock Options Exercise +5.4K +21.28% 30.8K Jun 30, 2023 Direct F1, F2
transaction FLXS Common Stock Tax liability -$50K -2.62K -8.51% $19.11 28.1K Jun 30, 2023 Direct

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 FLXS Restricted Stock Units Options Exercise -5.4K -34.82% 10.1K Jun 30, 2023 Common Stock 5.4K Direct F1, F2
transaction FLXS Restricted Stock Units Award +4.63K +45.87% 14.7K Jul 1, 2023 Common Stock 4.63K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 07/01/2020 5,396 restricted stock units were granted. The restricted stock units vested on June 30, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F3 On 7/1/2023, 4,634 restricted stock units were granted. The restricted stock units will vest on June 30, 2026.