0001493152-23-038926.txt : 20231031
0001493152-23-038926.hdr.sgml : 20231031
20231031205234
ACCESSION NUMBER: 0001493152-23-038926
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231027
FILED AS OF DATE: 20231031
DATE AS OF CHANGE: 20231031
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DUTT RONALD F
CENTRAL INDEX KEY: 0001262880
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31543
FILM NUMBER: 231366244
MAIL ADDRESS:
STREET 1: C/O SOLA INTERNATIONAL INC
STREET 2: 10590 W. OCEAN AIR DR. #300
CITY: SAN DIEGO
STATE: CA
ZIP: 92130
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Flux Power Holdings, Inc.
CENTRAL INDEX KEY: 0001083743
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
IRS NUMBER: 860931332
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 2685 S. MELROSE DRIVE
CITY: VISTA
STATE: CA
ZIP: 92081
BUSINESS PHONE: 877-505-3589
MAIL ADDRESS:
STREET 1: 2685 S. MELROSE DRIVE
CITY: VISTA
STATE: CA
ZIP: 92081
FORMER COMPANY:
FORMER CONFORMED NAME: Lone Pine Holdings, Inc
DATE OF NAME CHANGE: 20090415
FORMER COMPANY:
FORMER CONFORMED NAME: Australian Forest Industries
DATE OF NAME CHANGE: 20070508
FORMER COMPANY:
FORMER CONFORMED NAME: MULTI TECH INTERNATIONAL CORP
DATE OF NAME CHANGE: 20021204
4
1
ownership.xml
X0508
4
2023-10-27
0
0001083743
Flux Power Holdings, Inc.
FLUX
0001262880
DUTT RONALD F
C/O FLUX POWER HOLDINGS, INC.
2685 S. MELROSE DRIVE
VISTA
CA
92081
1
1
0
0
CEO and President
0
Common Stock
2023-10-27
4
M
0
4020
A
42233
D
Common Stock
2023-10-31
4
S
0
582
3.30
D
41651
D
Restricted Stock Units
2023-10-27
4
M
0
4020
D
Common Stock
4020
4021
D
Represents a 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 "Original Grant") on October 27, 2021. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 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. The remaining 1/3 of the Original Grant is scheduled to vest on October 27, 2024.
The price reported in Column 4 is the actual price. These shares were sold in the open market in multiple transactions, all at the stated price of $3.30 per share.
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 Restricted Stock Units ("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.
/s/ Ronald F. Dutt
2023-10-31