Filing Details
- Accession Number:
- 0001127602-20-009905
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-09 10:11:58
- Reporting Period:
- 2020-03-06
- Accepted Time:
- 2020-03-09 10:11:58
- 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 | 2020-03-06 | 2,787 | $12.99 | 6,287 | 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
- 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
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.95 to $13.00. 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.
- 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.
- Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
- 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.
- On 07/19/2019, 20,710 restricted stock units were granted. These restricted stock units vest on June 30, 2022.