Michael Bingold - 27 Jan 2022 Form 4 Insider Report for FLUSHING FINANCIAL CORP (FFIC)

Role
SEVP
Signature
Signed by Russell A. Fleishman under Power of Attorney by Michael Bingold
Issuer symbol
FFIC
Transactions as of
27 Jan 2022
Net transactions value
-$46,870
Form type
4
Filing time
31 Jan 2022, 16:32:50 UTC
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIC Common Stock Options Exercise +3,000 +10% 32,619 27 Jan 2022 Direct F1
transaction FFIC Common Stock Tax liability $31,162 -1,241 -3.8% $25.11 31,378 27 Jan 2022 Direct F2
transaction FFIC Common Stock Award +5,800 +18% 37,178 27 Jan 2022 Direct F3
transaction FFIC Common Stock Tax liability $15,708 -660 -1.8% $23.80 36,518 28 Jan 2022 Direct F2
holding FFIC Common Stock 6,407 27 Jan 2022 401k F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIC Common Stock Options Exercise -3,000 -100% 0 27 Jan 2022 Common Stock 3,000 Direct F5
transaction FFIC Common Stock Options Exercise +5,800 5,800 27 Jan 2022 Common Stock 5,800 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition resulted from vesting of an equal number of PRSUs, at max achievement, from the January 31, 2019 grant.
F2 Shares withheld to satisfy taxes upon vesting.
F3 Grant of RSUs which vest ratably annually over a five year period.
F4 Shares held in the Flushing Bank 401k a/o 1/28/22.
F5 Disposition resulted from vesting of an equal number of PRSUs, at max achievement, from the January 31, 2019 grant.
F6 Grant of PRSUs, at target level, which cliff vest at the end of three year performance period if certain performance metrics are achieved.