SEC Form 4 · accession 0001144204-16-073969
Flux Power Holdings, Inc. · FLUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald F Dutt
Officer — CEO and Interim CFO · Director
Period of report
Dec 22, 2015
Accepted (ET)
Jan 5, 2016 · 12:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001083743
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $0.05 | Dec 22, 2015 | A | 1,900,000 | A | — | Dec 22, 2025 | Common Stock | 1,900,000 | 1,900,000 | D |
Explanation of responses
- F1Pursuant to the stock option, Reporting Person has a right to purchase up to 1,900,000 shares of common stock of Issuer. The stock option vests over a 3 year period in quarterly installments, with 25% vesting on December 22, 2015. The exercise price is $0.05 per share (which was the closing market price on December 22, 2015).