SEC Form 4 · accession 0000919574-26-004134
Flex LNG Ltd. · FLNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Knut Traaholt
Officer — Chief Financial Officer
Period of report
Jun 25, 2026
Accepted (ET)
Jun 26, 2026 · 5:06 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001772253
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Synthetic optionsF2,F1,F3 | — | Jun 25, 2026 | A | 83,919 | A | — | — | Cash-settled synthetic option | — | 144,962 | D |
Explanation of responses
- F1On June 23, 2026, the Board approved the grant of 83,919 synthetic options under the Issuer's Synthetic Option Scheme. The options vest in three equal annual installments on June 24, 2027, June 24, 2028 and June 24, 2029 and expire on June 24, 2031.
- F2The synthetic options were granted with an initial exercise price of $30.00 per option, subject to adjustment pursuant to the terms of the Issuer's Synthetic Option Scheme. No consideration was paid for the grant of the synthetic options.
- F3The reported securities are cash-settled synthetic options granted under the Issuer's Synthetic Option Scheme and do not represent a right to acquire ordinary shares of the Issuer.