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FLEXSTEEL INDUSTRIES INC — Director's Dealing 2021
Jul 6, 2021
33498_dirs_2021-07-06_2dc3ba2b-7c9b-406d-8981-a2db6f1c0371.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FLEXSTEEL INDUSTRIES INC (FLXS)
CIK: 0000037472
Period of Report: 2021-07-01
Reporting Person: Newlin Timothy Patrick (VP-Marketing & Product)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-01 | Common Stock | M | 2087 | — | Acquired | 25259 | Direct |
| 2021-07-01 | Common Stock | F | 634 | $42.34 | Disposed | 24625 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-01 | Restricted Stock Units | $ | A | 1751 | Acquired | Common Stock (1751) | Direct | |
| 2021-07-01 | Restricted Stock Units | $ | M | 2087 | Disposed | Common Stock (2087) | 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 07/02/2018, 6,263 restricted stock units were granted. These restricted stock units vest in three installments. On July 1, 2019, 33 1/3% vested, on July 1, 2020, 33 1/3% vested, 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.
F3: On 7/1/2021, 1,751 restricted stock units were granted. These restricted stock units vest on June 30, 2024.
F4: On 07/01/2020, 5,995 restricted stock units were granted. The restricted stock units vest on June 30, 2023.
F5: On 07/19/2019, 3,976 restricted stock units were granted. These restricted stock units vest on June 30, 2022.
F6: The options vest in three installments. On January 15, 2019, 2,007 options vested, on January 15, 2020, 2,007 options vested, and on January 15, 2021, 2,006 options shall vest.