FLEXSTEEL INDUSTRIES INC — Director's Dealing 2020

Aug 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLEXSTEEL INDUSTRIES INC (FLXS)
CIK: 0000037472
Period of Report: 2020-08-27

Reporting Person: Schmidt Derek P (CFO & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-27	Common Stock	P	22605	$16.51	Acquired	92677	Direct
2020-08-27	Common Stock	P	650	$16.53	Acquired	650	Indirect
2020-08-28	Common Stock	P	26948	$16.80	Acquired	119625	Direct
2020-08-31	Common Stock	P	9140	$16.41	Acquired	128818.422	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (26469)	26469	Direct
Option 7/1/20	$12.77	2030-07-01	Common Stock (13566)	13566	Direct
Option 4/6/20	$9.97	2030-04-06	Common Stock (108884)	108884	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.19 to $16.65 on 8/27/2020, $16.71 to $16.90 on 8/28/20 and $16.24 to $16.66 on 8/31/20. The reporting person undertakes to provide to Flexsteel Industries, Inc., any security holder of Flexsteel Industries, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F2: Included in the amount reported here are shares acquired under a dividend reinvestment plan through an employee 401(K) plan, exempt under rule 16b-3(c) and Rule 16a-3(f)(1)(i)(B).

F3: Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.

F4: On 4/6/20, 25,185 restricted stock units were granted. The restricted stock units vest in two installments. On July 1, 2020, 12,593 shares vested and on January 1, 2021, 12,592 shares shall vest.

F5: On 4/6/20 4,815 restricted stock units were granted. These restricted stock units vest on June 30, 2022.

F6: On 7/1/20, 9,062 restricted stock units were granted. These restricted stock units vest on June 30, 2023.