Filing Details

Accession Number:
0001127602-20-024457
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-31 15:53:27
Reporting Period:
2020-08-27
Accepted Time:
2020-08-31 15:53:27
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
1520575 P Derek Schmidt P.o. Box 877
Dubuque IA 52004
Cfo & Coo 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 2020-08-27 22,605 $16.51 92,677 No 4 P Direct
Common Stock Acquisiton 2020-08-27 650 $16.53 650 No 4 P Indirect Christine Schmidt IRA
Common Stock Acquisiton 2020-08-28 26,948 $16.80 119,625 No 4 P Direct
Common Stock Acquisiton 2020-08-31 9,140 $16.41 128,818 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect Christine Schmidt IRA
No 4 P Direct
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 26,469 26,469 Direct
Common Stock Option 7/1/20 $12.77 2021-07-01 2030-07-01 13,566 13,566 Direct
Common Stock Option 4/6/20 $9.97 2020-04-06 2030-04-06 108,884 108,884 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
26,469 26,469 Direct
2030-07-01 13,566 13,566 Direct
2030-04-06 108,884 108,884 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.19 to $16.65 on 8/27/2020, $16.71 to $16.90 on 8/28/20 and $16.24 to $16.66 on 8/31/20. 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.
  2. Included in the amount reported here are shares acquired under a dividend reinvestment plan through an employee 401(K) plan, exempt under rule 16b-3(c) and Rule 16a-3(f)(1)(i)(B).
  3. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
  4. 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 shall vest.
  5. On 4/6/20 4,815 restricted stock units were granted. These restricted stock units vest on June 30, 2022.
  6. On 7/1/20, 9,062 restricted stock units were granted. These restricted stock units vest on June 30, 2023.