Home > Insider Trading > Filing (0001493152-23-038926)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1083743	Flux Power Holdings Inc.	FLUX	Miscellaneous Electrical Machinery, Equipment & Supplies (3690)	860931332

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1262880	F Ronald Dutt	C/O Flux Power Holdings, Inc. 2685 S. Melrose Drive Vista CA 92081	Ceo And President	Yes	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	2023-10-27	4,020	$0.00	42,233	No	4	M	Direct
Common Stock	Disposition	2023-10-31	582	$3.30	41,651	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2023-10-27	4,020	$0.00	4,020	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,021			No	4	M	Direct

Footnotes

Represents a grant of restricted stock units ("RSUs") subject to the conditions of the Restricted Stock Unit Award Agreement pursuant to the Issuer's 2014 Equity Incentive Plan (the "Original Grant") on October 27, 2021. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 1/3 of the Original Grant vested on October 27, 2022, and a subsequent 1/3 of the Original Grant vested on October 27, 2023. The remaining 1/3 of the Original Grant is scheduled to vest on October 27, 2024.
The price reported in Column 4 is the actual price. These shares were sold in the open market in multiple transactions, all at the stated price of $3.30 per share.
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is made to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.