Flexsteel Industries: Declaration of Change of Beneficial Ownership (Form 4)

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Property Submission

FORM 4

Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed under Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and address of reporting person *

Newlin Timothy Patrick

2. Name of issuer and stock symbol or trading symbol
FLEXSTEEL INDUSTRIES INC [FLXS]

5. Relationship between the reporting person(s) and the issuer
(Check all that apply)

_____ Director

_____ 10% Owner

_____ Officer (indicate title below)

_____ Other (specify below)

VP-Marketing & Product /

(Last)

(First)

(Environment)

CP 877

3. Date of first transaction (month/day/year)

(Street)

DUBUQUE

AI

52004

4. In case of modification, date of filing of the original (month/day/year)

6. Individual or joint/group filing (check applicable row)
_X_ Form filed by a reporting person
___ Form filed by more than one declarant

Table I – Non-derivative securities acquired, sold or beneficially owned

1. Title of guarantee

2. Transaction date (month/day/year)

2A. Deemed execution date, if applicable (month/day/year)

3. Transaction code

4. Securities acquired (A) or transferred (D)

5. Amount of securities beneficially owned as a result of the reported transaction(s)

6. Form of ownership: direct (D) or indirect (I)

7. Nature of Indirect Beneficial Ownership

Coded

V

Rising

(A) or (D)

Price

Table II – Beneficial ownership derivative securities (for exampleputs, calls, warrants, options, convertible securities)
(for exampleputs, calls, warrants, options, convertible securities)

1. Title of derivative title

2. Conversion or exercise price of the derivative security

3. Transaction date (month/day/year)

3A. Deemed execution date, if applicable (month/day/year)

4. Transaction code

5. Number of derivative securities acquired (A) or sold (D)

6. Exercise date and expiry date

7. Title and amount of the securities underlying the derivative securities

8. Price of derivative securities

9. Number of derivative securities beneficially owned as a result of reported transactions

10. Form of ownership of derivative securities: direct (D) or indirect (I)

11. Nature of Indirect Beneficial Ownership

Coded

V

(A)

(D)

Exercise date

Expiration date

Title

Amount or number of shares

Reporting owners

Name/address of declaring owner Relationships

Director

10% Owner

Officer

Other

Newlin Timothy Patrick
CP 877

DUBUQUE, IA52004

VP-Marketing & Product

Signatures

/s/ Jennifer Zeman, actual lawyer

2022-07-05

**Signature of declaring person

Date

Explanation of answers:

If the form is completed by several declarants, see

Section 5(b)(v).

(**) Intentional misrepresentation or omission of facts are federal criminal offenses. See

18 USC 1001 and 15 USC 78ff(a).

(1)

As of 07/19/2019, 3,976 free shares have been allocated. These restricted share units vested on June 30, 2022.

(2)

Each restricted share unit represents a contingent right to receive one common share of FLXS.

(3)

On 07/01/2022, 3,900 restricted shares were granted. The restricted share units will vest on June 30, 2024.

(4)

As of 07/01/2022, 3,869 free shares have been allocated. The restricted share units will vest on June 30, 2025. Note: Submit three copies of this form, one of which must be manually signed. If space is insufficient, See

Instruction 6 for the procedure. Potential individuals who need to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Disclaimer Flexsteel Industries Inc. published this content on July 05, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, onJul 05, 2022 1:42:08 PM UTC

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Public now 2022

All news from FLEXSTEEL INDUSTRIES, INC.

2022 sales
539M
Net income 2022
4.60M
Net debt 2022

PER 2022 ratio
25.7x 2022 return
Capitalization
100M
100M
capi. / Sales 2022
0.19x capi. / Sales 2023
0.22x # of employees
665 Floating

56.1%

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Trends Technical Analysis FLEXSTEEL INDUSTRIES, INC.
Short term Middle term
Long term Tendencies Neutral Neutral

Bearish


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Sale

To buy Medium consensus
TO BUY Number of analysts
0 Last closing price
$17.98 Average target price
$40.00 Average Spread / Target

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