FLEXSTEEL INDUSTRIES INC — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Schmidt Derek P (CFO & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-01	Common Stock	M	12592	—	Acquired	152608.56	Direct
2021-01-01	Common Stock	F	5531	—	Disposed	147077.56	Direct
2021-01-01	Common Stock	F	1193	$34.97	Disposed	145884.56	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-01	Restricted Stock Units	$	M	12592	Disposed		Common Stock (12592)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	650	Indirect

Holdings (Derivative)

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

Footnotes

F1: 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 vested.

F2: Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.

F3: Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.

F4: On 4/6/20, 4,905 shares of restricted stock was granted. The restricted shares vest in two installments. On July 1, 2020, 2,453 shares vested and on January 1, 2021, 2,452 shares vested.

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.