Form 4 for FLUX Flux Power Holdings, Inc.
Accepted 2022-05-02 00:00:00 ET · period of report 2022-04-28 · accession 0001493152-22-011849 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-05-02 | 2022-04-29 | FLUX | Johnson Michael | Dir, 10% | M - OptEx | — | +1,526 | 4.49M | +0.0% | — |
| D | 2022-05-02 | 2022-04-29 | FLUX | Johnson Michael | Dir, 10% | M - OptEx | — | -1,526 | 3,052 | -33% | — |
| D | 2022-05-02 | 2022-04-28 | FLUX | Johnson Michael | Dir, 10% | A - Grant | — | +17.8K | 17.8K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-04-29 | M | A | 1,526 | — | 4,487,480 | I See footnote | — | — | (F1) Represents the number of common stock issued upon the vesting of 1,526 restricted stock units ("RSUs"), which converted into the Issuer's common stock on a one-for-one basis. (F4) 1,526 shares of common stock are directly held by the Reporting Person and 4,485,954 are held by Esenjay Investments, LLC, a Delaware limited liability company ("Esenjay"). The Reporting Person is the sole director and beneficial owner of Esenjay. |
| 2 | Derivative | Restricted Stock Units | 2022-04-29 | M | D | 1,526 | — | 3,052 | D | — · — to — | 1,526 Common Stock | (F2) Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. On April 29, 2021, in consideration for board services the Issuer granted 4,578 RSUs pursuant to a Restricted Stock Unit Award Agreement. One third of the original grant of 4,578 RSUs pursuant to the Issuer's 2014 Equity Incentive Plan vested on April 29, 2022, and 1,526 of the remaining RSUs will vest on April 29, 2023 and April 29, 2024, respectively. |
| 3 | Derivative | Restricted Stock Units | 2022-04-28 | A | A | 17,793 | — | 17,793 | D | — · — to — | 17,793 Common Stock | (F3) Represents a grant of RSUs on April 28, 2022 pursuant to the Issuer's 2014 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 28, 2023, which is one year from the date of grant. |