Form 4 for FLUX Flux Power Holdings, Inc.
Accepted 2024-04-30 00:00:00 ET · period of report 2024-04-29 · accession 0001493152-24-017310 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-30 | 2024-04-29 | FLUX | Walters-Hoffert Lisa | Dir | S - Sale+OE | $4.50 | -534 | 27.1K | -2% | -$2,403 |
| D | 2024-04-30 | 2024-04-29 | FLUX | Walters-Hoffert Lisa | Dir | M - OptEx | — | +1,526 | 27.6K | +6% | — |
| D | 2024-04-30 | 2024-04-29 | FLUX | Walters-Hoffert Lisa | Dir | M - OptEx | — | -1,526 | 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 | 2024-04-29 | S | D | 534 | $4.50 | 27,050 | D | — | — | (F4) 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 the 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. |
| 2 | Common | Common Stock | 2024-04-29 | M | A | 1,526 | — | 27,584 | D | — | — | (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. (F2) This award was granted on April 29, 2021 subject to the terms and conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Equity Incentive Plan. One third of the original grant of 4,578 RSUs vested on April 29, 2022, and a subsequent one third vested on April 29, 2023. On April 29, 2024, the remaining one third of the original grant vested. |
| 3 | Derivative | Restricted Stock Unit | 2024-04-29 | M | D | 1,526 | — | 0 | D | — · — to — | 1,526 Common Stock | (F4) 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 the 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. (F2) This award was granted on April 29, 2021 subject to the terms and conditions of the restricted stock unit award agreement pursuant to the Issuer's 2014 Equity Incentive Plan. One third of the original grant of 4,578 RSUs vested on April 29, 2022, and a subsequent one third vested on April 29, 2023. On April 29, 2024, the remaining one third of the original grant vested. (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. |