Willis Terrence Heath 4
4 · FLEXSTEEL INDUSTRIES INC · Filed Mar 27, 2020
Insider Transaction Report
Form 4
Willis Terrence Heath
VP - Direct Commerce
Transactions
- Exercise/Conversion
Common Stock
2020-03-25+828→ 5,985 total - Tax Payment
Common Stock
2020-03-25−244→ 5,741 total - Exercise/Conversion
Restricted Stock Units
2020-03-25−828→ 18,342 total→ Common Stock (828 underlying)
Footnotes (5)
- [F1]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.
- [F2]Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
- [F3]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% vested, on July 1, 2020, 33 1/3% shall vest, and on January 1, 2021, 33 1/3% shall vest. Vested shares will be delivered to the reporting person on these dates of each respective year.
- [F4]On 07/19/2019, 2,508 restricted stock units were granted. These restricted stock units vest on June 30, 2022.
- [F5]Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.