Bo-Linn Cheemin 4
4 · Flux Power Holdings, Inc. · Filed Apr 19, 2024
Insider Transaction Report
Form 4
Bo-Linn Cheemin
Director
Transactions
- Exercise/Conversion
Common Stock
2024-04-18+16,883→ 39,501 total - Exercise/Conversion
Restricted Stock Units
2024-04-18−16,883→ 0 total→ Common Stock (16,883 underlying) - Exercise/Conversion
Common Stock
2024-04-18+1,678→ 41,179 total - Exercise/Conversion
Restricted Stock Unit
2024-04-18−1,678→ 0 total→ Common Stock (1,678 underlying)
Footnotes (3)
- [F1]Represents a grant of 16,883 restricted stock units ("RSUs") on April 20, 2023 (the "2023 Grant") subject to the conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Equity Incentive Plan (the "2014 Plan"). On April 18, 2024, the entire 2023 Grant accelerated and became fully vested as of April 18, 2024.
- [F2]Represents a grant of RSUs on August 26, 2022 subject to the conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Plan (the "2022 Grant"). One third of the 2022 Grant vested on August 26, 2022, and a subsequent one third vested on April 29, 2023. On April 18, 2024, the remaining one third of the 2022 Grant accelerated and became fully vested as of April 18, 2024.
- [F3]Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.