Dale Robinette - 18 Apr 2024 Form 4 Insider Report for Flux Power Holdings, Inc. (FLUX)

Role
Director
Signature
/s/ Ronald F. Dutt, Attorney-in-fact for Dale Robinette
Issuer symbol
FLUX
Transactions as of
18 Apr 2024
Transactions value $
$0
Form type
4
Filing time
22 Apr 2024, 21:56:15 UTC
Previous filing
01 May 2023
Next filing
30 Apr 2024
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 +16,883 +81% 37,728 20 Apr 2024 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 Unit Options Exercise -16,883 -100% 0 20 Apr 2024 Common Stock 16,883 Direct F1, F2
transaction FLUX Restricted Stock Unit Award +17,057 17,057 18 Apr 2024 Common Stock 17,057 Direct F3
* 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 16,883 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 20, 2023. 16,883 RSUs vested on April 20, 2024.
F3 Represents a grant of RSUs on April 18, 2024, pursuant to the Issuer's 2021 Equity Incentive Plan in a transaction exempt under Rule 16b-3 to the Reporting Person, who is a non-executive director with the Issuer, in connection with services. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Subject to the conditions of the Restricted Stock Unit Award Agreement, the RSUs are scheduled to vest on April 18, 2025, which is one year from the date of grant.

Remarks:

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