Flexsteel Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Flexsteel Industries, Inc. (FLXS)
US:NASDAQ Investor Relations:
flexsteel.com/content/investors
Company Research
Source: Business Wire
DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc., (the “Company”) (NASDAQ: FLXS) today announced that the Company granted Jerald K. Dittmer, in connection with his appointment as the Company’s President and Chief Executive Officer, an option to purchase 55,000 shares of the Company’s common stock with a per share exercise price of $21.96, the closing trading price of the Company’s common stock on the grant date of December 28, 2018. The stock option vests one third on each of July 1, 2019, July 1, 2020 and July 1, 2021 and has a ten-year term. The stock option was granted outside of the Company’s Omnibus Stock Plan in accordance with Nasdaq Listing Rule 5635(c)(4) as an inducement material to Mr. Dittmer entering into employment with the Company. This option grant was previously disclosed, as part of the terms of Mr. Dittmer’s Employment Agreement dated December 17, 2018, in a Current Report on Form 8-K fi
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FLXS
Earnings
- 4/29/24 - Beat
FLXS
Analyst Actions
- 2/6/24 - TheStreet
FLXS
Sec Filings
- 5/1/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/18/24 - Form 8-K
- FLXS's page on the SEC website