SEC Form 4 · accession 0001709409-18-000016
Flux Power Holdings, Inc. · FLUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald F Dutt
Officer — CEO; CFO · Director
Period of report
Jul 25, 2018
Accepted (ET)
Jul 27, 2018 · 4:49 pm EDT
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 OptionF1 | $1.98 | Jul 25, 2018 | A | 335,264 | A | — | Jul 25, 2028 | Common Stock | 335,264 | 335,264 | D |
Explanation of responses
- F1Pursuant to the stock option, Reporting Person has a right to purchase up to 335,264 shares of Issuer's common stock. The options vest quarterly over a two-year period following the grant. The exercise price is the fair market value of Issuer's common stock, which is $1.98 per share based on the Issuer's 30-day volume-weighted average price on July 25, 2018.