FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BERTSCH JEFFREY T 		2. Issuer Name and Ticker or Trading Symbol

FLEXSTEEL INDUSTRIES INC [ FLXS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP-Corporate Services
(Last)          (First)          (Middle)

P.O. BOX 877 		3. Date of Earliest Transaction (MM/DD/YYYY)

12/20/2010
(Street)

DUBUQUE, IA 52004
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                  9769   I   By Flexsteel Industries  
Common Stock                  16500   I   By Wife  
Common Stock                  111438   (1) I   Contingent Bene. Various Trusts  
Common Stock                  26420   I   Minor Children, Bene Var. Trust  
Common Stock   12/20/2010     G   V 1539   A $16.49   11259   I   Custodian for Minor Children  
Common Stock   12/20/2010     G   V 4539   D $16.49   218326   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option 12/09/2002   $15.925                    12/9/2002   12/9/2012   Common Stock   10750     10750   D    
Option 12/08/2003   $19.21                    12/8/2003   11/25/2013   Common Stock   10750     10750   D    
Option 12/14/2004   $16.49                    12/14/2004   12/14/2014   Common Stock   10750     10750   D    
Option 12/13/2005   $14.4                    12/13/2005   12/13/2015   Common Stock   10750     10750   D    
Option 12/11/2006   $12.65                    12/11/2006   12/11/2016   Common Stock   10000     10000   D    
Option 12/10/2007   $12.35                    12/10/2007   12/10/2017   Common Stock   10000     10000   D    
Option 12/08/2008   $6.81                    12/8/2008   12/8/2018   Common Stock   20000     20000   D    
Option 12/07/2009   $8.42                    12/7/2009   12/7/2019   Common Stock   15000     15000   D    
Option 12/06/2010   $17.23                    12/6/2010   12/6/2020   Common Stock   5000     5000   D    

Explanation of Responses:
( 1)  Neither this report nor its filing shall be deemed an admission that the reporting person is, for purposes of Section 16 of the Act or otherwise beneficial owner of these securities.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BERTSCH JEFFREY T
P.O. BOX 877
DUBUQUE, IA 52004 		X
VP-Corporate Services

Signatures
Jeffrey Bertsch 12/21/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Flexsteel Industries (NASDAQ:FLXS)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Flexsteel Industries Charts.
Flexsteel Industries (NASDAQ:FLXS)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Flexsteel Industries Charts.