0001493152-23-038769.txt : 20231030 0001493152-23-038769.hdr.sgml : 20231030 20231030202348 ACCESSION NUMBER: 0001493152-23-038769 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231026 FILED AS OF DATE: 20231030 DATE AS OF CHANGE: 20231030 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: 231362017 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 2023-10-26 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 2023-10-26 4 M 0 6607 A 39637 D Common Stock 2023-10-27 4 S 0 333 3.35 D 39304 D Common Stock 2023-10-30 4 S 0 1091 3.30 D 38213 D Restricted Stock Units 2023-10-26 4 M 0 6607 D Common Stock 6607 0 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 approved by the Board on November 5, 2020. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSU vested entirely on October 26, 2023, three (3) years from the vesting commencement date of October 26, 2020. 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 $3.35 per share. 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 $3.285 to $3.32, 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. 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 2023-10-30