SEC Form 4 · accession 0001246360-18-002213
FLEXSTEEL INDUSTRIES INC · FLXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard John Stanley
Officer — Executive Officer
Period of report
Sep 13, 2018
Accepted (ET)
Sep 13, 2018 · 5:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000037472
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 13, 2018 | A | 291 | $34.59 | A | 3,052 | D | |
| Common Stock | Sep 13, 2018 | F | 95 | $34.59 | D | 2,957 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option 09/13/2018 | $32.80 | Sep 13, 2018 | A | 2,286 | A | Sep 13, 2018 | Sep 13, 2028 | Common Stock | 2,286 | 2,286 | D |
| Option 12/08/2014 | $31.06 | holding | — | — | — | Dec 8, 2014 | Dec 8, 2024 | Common Stock | 250 | 250 | D |
| Option 07/07/2015 | $43.09 | holding | — | — | — | Jul 7, 2015 | Jul 1, 2025 | Common Stock | 1,160 | 1,160 | D |
| Option 09-01-2016 | $47.45 | holding | — | — | — | Sep 1, 2016 | Sep 1, 2026 | Common Stock | 1,475 | 1,475 | D |
| Option 09/08/2017 | $45.21 | holding | — | — | — | Sep 8, 2017 | Sep 8, 2027 | Common Stock | 1,548 | 1,548 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | — | — | Common Stock | 8,351 | 8,351 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
- F2The restricted stock units vest in three installments. On July 1, 2019, 33 1/3% shall vest, on July 1, 2020, 33 1/3% shall vest, and on July 1, 2021, 33 1/3% shall vest. Vested shares will be delivered to the reporting person on July 1 of each respective year.