Filing Details

Accession Number:
0001127602-20-004375
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-07 17:18:21
Reporting Period:
2020-02-07
Accepted Time:
2020-02-07 17:18:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
37472 Flexsteel Industries Inc FLXS Household Furniture (2510) 420442319
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1194570 K Jerald Dittmer P.o. Box 877
Dubuque IA 52004
President & Ceo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-02-07 1,926 $15.91 2,926 No 4 P Indirect Jerald K. Dittmer Revocable Trust U/A DTD 12/9/2014
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Jerald K. Dittmer Revocable Trust U/A DTD 12/9/2014
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 31,943 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option 12/28/2018 $21.96 2028-12-28 85,000 85,000 Direct
Common Stock Option 08/30/2019 $15.14 2019-08-30 2029-08-30 30,000 30,000 Direct
Common Stock Restricted Stock Units $0.00 45,710 45,710 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-12-28 85,000 85,000 Direct
2029-08-30 30,000 30,000 Direct
45,710 45,710 Direct
Footnotes
  1. The purchase reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2019
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.78 to $16.00. 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.
  3. 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 shall vest, and on July 1, 2021, 28,333 options shall vest.
  4. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
  5. 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 shall vest, 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.
  6. On 07/19/2019, 20,710 restricted stock units were granted. These restricted stock units vest on June 30, 2022.