Filing Details

Accession Number:
0001493152-24-017314
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2024-04-30 19:10:13
Reporting Period:
2024-04-18
Accepted Time:
2024-04-30 19:10:13
Original Submission Date:
2024-04-22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1083743 Flux Power Holdings Inc. FLUX Miscellaneous Electrical Machinery, Equipment & Supplies (3690) 860931332
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1711576 Lisa Walters-Hoffert C/O Flux Power Holdings, Inc.
2685 S. Melrose Drive
Vista CA 92081
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-04-20 16,883 $0.00 31,967 No 4 M Direct
Common Stock Disposition 2024-04-22 5,909 $4.03 26,058 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2024-04-20 16,883 $0.00 16,883 $0.00
Common Stock Restricted Stock Unit Acquisiton 2024-04-18 17,057 $0.00 17,057 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
17,057 No 4 A Direct
Footnotes
  1. 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.
  2. This award was granted on April 20, 2023. 16,883 RSUs vested on April 20, 2024.
  3. This transaction was entered into pursuant to a Rule 10b5-1 trading plan previously adopted by Lisa Walters-Hoffert on June 13, 2023.
  4. 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.
  5. 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.
  6. 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.