4//SEC Filing
DUTT RONALD F 4
Accession 0001493152-23-038769
CIK 0001083743other
Filed
Oct 29, 8:00 PM ET
Accepted
Oct 30, 8:23 PM ET
Size
11.7 KB
Accession
0001493152-23-038769
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2023-10-27$3.35/sh−333$1,116→ 39,304 total - Exercise/Conversion
Common Stock
2023-10-26+6,607→ 39,637 total - Exercise/Conversion
Restricted Stock Units
2023-10-26−6,607→ 0 total→ Common Stock (6,607 underlying) - Sale
Common Stock
2023-10-30$3.30/sh−1,091$3,600→ 38,213 total
Footnotes (4)
- [F1]Represents a grant of restricted stock units ("RSUs") subject to the conditions of the Restricted Stock Unit Award Agreement pursuant to the Issuer's 2014 Equity Incentive Plan approved by the Board on November 5, 2020. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSU vested entirely on October 26, 2023, three (3) years from the vesting commencement date of October 26, 2020.
- [F2]The price reported in Column 4 is the actual price. These shares were sold in the open market in multiple transactions, all at the stated price of $3.35 per share.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in the open market in multiple transactions, at prices ranging from $3.285 to $3.32, inclusive. Upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate transaction.
- [F4]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is made to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Documents
Issuer
Flux Power Holdings, Inc.
CIK 0001083743
Entity typeother
Related Parties
1- filerCIK 0001262880
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 8:00 PM ET
- Accepted
- Oct 30, 8:23 PM ET
- Size
- 11.7 KB