FLEXSTEEL INDUSTRIES INC — Director's Dealing 2021

Jul 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLEXSTEEL INDUSTRIES INC (FLXS)
CIK: 0000037472
Period of Report: 2021-07-01

Reporting Person: DITTMER JERALD K (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-01	Common Stock	M	10000	—	Acquired	51798	Direct
2021-07-01	Common Stock	F	4102	—	Disposed	42273	Direct
2021-07-01	Common Stock	F	475	—	Disposed	41798	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-01	Restricted Stock Units	$	M	10000	Disposed		Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11500	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option 12/28/2018	$21.96	2028-12-28	Common Stock (85000)	85000	Direct
Option 08/30/2019	$15.14	2029-08-30	Common Stock (30000)	30000	Direct
Option 7/1/20	$12.77	2030-07-01	Common Stock (23256)	23256	Direct

Footnotes

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

F2: On 12/28/2018, 30,000 restricted stock units were granted. These restricted stock units vest in four installments. On July 1, 2019, 5,000 shares vested, on July 1, 2020, 10,000 shares vested, on July 1, 2021, 10,000 shares shall vest, and on July 1, 2022, 5,000 shares shall vest. Vested shares will be delivered to the reporting person on July 1 of each respective year.

F3: On 07/01/2020, 29,142 restricted stock units were granted. The restricted stock units vest on June 30, 2023.

F4: On 07/19/2019, 20,710 restricted stock units were granted. These restricted stock units vest on June 30, 2022.

F5: On 12/28/18, 85,000 options were granted. The options vest in three installments. On July 1, 2019, 28,334 options vested, on July 1, 2020, 28,333 options vested, and on July 1, 2021, 28,333 options shall vest.