Scheiwe Charles 4
4 · Flux Power Holdings, Inc. · Filed Mar 1, 2024
Insider Transaction Report
Form 4
Scheiwe Charles
CFO & Secretary
Transactions
- Exercise/Conversion
Common Stock
2024-03-01+7,030→ 21,058 total - Exercise/Conversion
Common Stock
2024-03-01+2,100→ 23,158 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−7,030→ 0 total→ Common Stock (7,030 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−2,100→ 0 total→ Common Stock (2,100 underlying)
Footnotes (2)
- [F1]Represents a one-time grant (the "2020 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 (the "2014 Plan") in November 2020. In connection with the Transition (defined below), effective as of March 1, 2024 (the "Separation Date"), the entire 2020 Grant accelerated and became fully vested as of the Separation Date.
- [F2]Represents a grant of RSUs subject to the conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Plan (the "2021 Grant") in October 2021. 1/3 of the Original Grant vested on October 27, 2022, and a subsequent 1/3 of the Original Grant vested on October 27, 2023. In connection with the Transition, the remaining 1/3 of the 2021 Grant accelerated and became fully vested as of the Separation Date.