4/A//SEC Filing
Walters-Hoffert Lisa 4/A
Accession 0001493152-24-017314
CIK 0001083743other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 7:10 PM ET
Size
13.3 KB
Accession
0001493152-24-017314
Insider Transaction Report
Form 4/AAmended
Walters-Hoffert Lisa
Director
Transactions
- Sale
Common Stock
2024-04-22$4.03/sh−5,909$23,829→ 26,058 total - Award
Restricted Stock Unit
2024-04-18+17,057→ 17,057 total→ Common Stock (17,057 underlying) - Exercise/Conversion
Common Stock
2024-04-20+16,883→ 31,967 total - Exercise/Conversion
Restricted Stock Unit
2024-04-20−16,883→ 0 total→ Common Stock (16,883 underlying)
Footnotes (6)
- [F1]Represents the number of common stock issued upon the vesting of 16,883 restricted stock units ("RSUs"), which converted into the Issuer's common stock on a one-for-one basis.
- [F2]This award was granted on April 20, 2023. 16,883 RSUs vested on April 20, 2024.
- [F3]This transaction was entered into pursuant to a Rule 10b5-1 trading plan previously adopted by Lisa Walters-Hoffert on June 13, 2023.
- [F4]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 $4.02 to $4.10, 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.
- [F5]Represents a grant of RSUs on April 18, 2024, pursuant to the Issuer's 2021 Equity Incentive Plan in a transaction exempt under Rule 16b-3 to the Reporting Person, who is a non-executive director with the Issuer, in connection with services. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Subject to the conditions of the Restricted Stock Unit Award Agreement, the RSUs are scheduled to vest on April 18, 2025, which is one year from the date of grant.
- [F6]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 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 0001711576
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 7:10 PM ET
- Size
- 13.3 KB