X0306 4 2020-07-01 0000037472 FLEXSTEEL INDUSTRIES INC FLXS 0001520575 Schmidt Derek P P.O. BOX 877 DUBUQUE IA 52004 1 CFO & COO Common Stock 2020-07-01 4 M 0 12593 A 74612 D Common Stock 2020-07-01 4 F 0 3817 D 70795 D Common Stock 2020-07-01 4 F 0 723 12.77 D 70072 D Restricted Stock Units 2020-07-01 4 M 0 12593 D Common Stock 12593 17407 D Restricted Stock Units 2020-07-01 4 A 0 9062 A Common Stock 9062 26469 D Option 7/1/20 12.77 2020-07-01 4 A 0 13566 12.77 A 2021-07-01 2030-07-01 Common Stock 13566 13566 D Option 4/6/20 9.97 2020-04-06 2030-04-06 Common Stock 108884 108884 D On 4/6/20, 25,185 restricted stock units were granted. The restricted stock units vest in two installments. On July 1, 2020, 12,593 shares vested and on January 1, 2021, 12,592 shares shall vest. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock. On 4/6/20, 4,905 shares of restricted stock was granted. The restricted shares vest in two installments. On July 1, 2020, 2,453 shares vested and on January 1, 2021, 2,452 shares shall vest. On 4/6/20 4,815 restricted stock units were granted. These restricted stock units vest on June 30, 2022. On 7/1/20, 9,062 restricted stock units were granted. These restricted stock units vest on June 30, 2023. /s/ Doa Yang, attorney-in-fact for Mr. Schmidt 2020-07-02