FLEXSTEEL INDUSTRIES INC — Director's Dealing 2019

Jul 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLEXSTEEL INDUSTRIES INC (FLXS)
CIK: 0000037472
Period of Report: 2019-07-01

Reporting Person: Newlin Timothy Patrick (VP - Home Furnishings)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-01	Common Stock	M	2088	—	Acquired	2138	Direct
2019-07-01	Common Stock	F	686	—	Disposed	1452	Direct
2019-07-01	Common Stock	A	4691	$17.06	Acquired	6143	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Restricted Stock Units	$	M	2088	Disposed		Common Stock (2088)	Direct
2019-07-01	Restricted Stock Units	$	A	25000	Acquired		Common Stock (25000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option 12/09/2013	$27.57	2023-12-09	Common Stock (500)	500	Direct
Option 12/08/2014	$31.06	2024-12-08	Common Stock (500)	500	Direct
Option 07/01/2015	$43.09	2025-07-01	Common Stock (464)	464	Direct
Option 09-01-2016	$47.45	2026-09-01	Common Stock (737)	737	Direct
Option 09/08/2017	$45.21	2027-09-08	Common Stock (1105)	1105	Direct
Option 09/13/2018	$32.80	2028-09-13	Common Stock (2286)	2286	Direct
Option 01/15/2019	$24.98	2029-01-15	Common Stock (6020)	6020	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.

F2: On 07/01/2019, 4,691 shares of restricted stock was granted. The restricted stock vests in three installments. On January 1, 2020, 33 1/3% shall vest, on July 1, 2020, 33 1/3% shall vest, and on January 1, 2021, 33 1/3% shall vest. Vested shares will be delivered to the reporting person on these dates of each respective year.

F3: On 07/02/2018, 6,263 restricted stock units were granted. These restricted stock units vest in three installments. On July 1, 2019, 33 1/3% shall vest, on July 1, 2020, 33 1/3% shall vest, and on July 1, 2021, 33 1/3% shall vest. Vested shares will be delivered to the reporting person on July 1 of each respective year. On 07/01/2019, 25,000 restricted stock units were granted. These restricted stock units vest in three installments. On January 1, 2020, 33 1/3% shall vest, on July 1, 2020, 33 1/3% shall vest, and on January 1, 2021, 33 1/3% shall vest. Vested shares will be delivered to the reporting person on these dates of each respective year.

F4: The options vest in three installments. On January 15, 2019, 2,007 options vested, on January 15, 2020, 2,007 options shall vest, and on January 15, 2021, 2,006 options shall vest.