Willis Terrence Heath 4
4 · FLEXSTEEL INDUSTRIES INC · Filed Jul 1, 2019
Insider Transaction Report
Form 4
Willis Terrence Heath
VP - Direct Commerce
Transactions
- Award
Restricted Stock Units
2019-07-01+23,752→ 24,580 total→ Common Stock (23,752 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
- [F2]On 03/25/2019, 828 restricted stock units were granted. These restricted stock units vest on 03/25/2020. Vested shares will be delivered to the reporting person on this date. On 07/01/2019, 23,752 restricted stock units were granted. These restricted stock units vest in three installments. On January 1, 2020, 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 these dates of each respective year.