X0306 4 2022-02-11 0000037472 FLEXSTEEL INDUSTRIES INC FLXS 0001520575 Schmidt Derek P P.O. BOX 877 DUBUQUE IA 52004 1 CFO & COO Common Stock 2022-02-11 4 P 0 12411 22.42 A 168917.9311 D Common Stock 2022-02-11 4 P 0 356 22.82 A 1012.776 I Christine Schmidt IRA Common Stock 2022-02-14 4 P 0 4344 22.21 A 173261.9311 D Restricted Stock Units Common Stock 17373 17373 D Option 4/6/20 9.97 2023-04-06 2030-04-06 Common Stock 108884 108884 D Option 7/1/20 12.77 2021-07-01 2030-07-01 Common Stock 13566 13566 D The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.25 to $22.84 on 2/11/2022 and $22.20 to $22.33 on 2/14/22. The reporting person undertakes to provide to Flexsteel Industries, Inc., any security holder of Flexsteel Industries, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock. 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. On 7/1/21 3,496 restricted stock units were granted. These restricted stock units vest on June 30, 2024. /s/ Jennifer Zeman, attorney-in-fact 2022-02-14