Form 4 for FLUX Flux Power Holdings, Inc.
Accepted 2024-03-01 00:00:00 ET · period of report 2024-03-01 · accession 0001493152-24-008627 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-01 | 2024-03-01 | FLUX | Scheiwe Charles | CFO, Sec | M - OptEx | — | +9,130 | 23.2K | +65% | — |
| DM | 2024-03-01 | 2024-03-01 | FLUX | Scheiwe Charles | CFO, Sec | M - OptEx | — | -9,130 | 0 | -100% | — |
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 | 2024-03-01 | M | A | 7,030 | — | 21,058 | D | — | — | (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. |
| 2 | Common | Common Stock | 2024-03-01 | M | A | 2,100 | — | 23,158 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 7,030 | — | 0 | D | — · — to — | 7,030 Common Stock | (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. |
| 4 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 2,100 | — | 0 | D | — · — to — | 2,100 Common Stock | (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. |