Willis Terrence Heath 4
4 · FLEXSTEEL INDUSTRIES INC · Filed Jan 5, 2021
Insider Transaction Report
Form 4
Willis Terrence Heath
VP - Direct Commerce
Transactions
- Exercise/Conversion
Common Stock
2021-01-01+7,917→ 19,922 total - Tax Payment
Common Stock
2021-01-01−2,605→ 17,317 total - Exercise/Conversion
Restricted Stock Units
2021-01-01−7,917→ 6,038 total→ Common Stock (7,917 underlying)
Footnotes (5)
- [F1]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% vested, and on January 1, 2021, 33 1/3% vested.
- [F2]Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
- [F3]Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
- [F4]On 07/19/2019, 2,508 restricted stock units were granted. These restricted stock units vest on June 30, 2022.
- [F5]On 07/01/2020 3,530 restricted stock units were granted. The restricted stock units vest on June 30, 2023.