Cheemin Bo-Linn - 28 Apr 2023 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
Director
Signature
/s/ Charles A. Scheiwe, Attorney-in-fact for Cheemin Bo-Linn
Issuer symbol
FLUX
Transactions as of
28 Apr 2023
Net transactions value
$0
Form type
4
Filing time
01 May 2023, 20:00:40 UTC
Previous filing
21 Apr 2023
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLUX Common Stock Options Exercise +17,793 +565% 20,940 28 Apr 2023 Direct F1
transaction FLUX Common Stock Options Exercise +1,678 +8% 22,618 29 Apr 2023 Direct F2

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 -17,793 -100% 0 28 Apr 2023 Common Stock 17,793 Direct F1, F3
transaction FLUX Restricted Stock Unit Options Exercise -1,678 -50% 1,678 29 Apr 2023 Common Stock 1,678 Direct F2, F4
* 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 17,793 restricted stock units ("RSUs"), which converted into the Issuer's common stock on a one-for-one basis.
F2 Represents the number of common stock issued upon the vesting of 1,678 RSUs, which converted into the Issuer's common stock on a one-for-one basis.
F3 This award was granted on April 28, 2022. 17,793 RSUs vested on April 28, 2023.
F4 Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. On August 26, 2022, in consideration for board services the Issuer granted 5,034 RSUs pursuant to a Restricted Stock Unit Award Agreement. One third of the original grant of 5,034 RSUs pursuant to the Issuer's 2014 Equity Incentive Plan vested on August 26, 2022, 1,678 of the remaining RSUs vested on April 29, 2023 and the remaining 1,678 RSU will vest on April 29, 2024.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated May 2, 2022.)