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6-K

Flex LNG Ltd. (FLNG)

6-K 2024-04-23 For: 2024-04-22
View Original
Added on April 07, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13A-16 OR 15D-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For the month of April 2024
Commission File Number: 001-38904
FLEX LNG Ltd.
(Translation of registrant's name into English)
Par-La-Ville Place
14 Par-La-Ville Road
Hamilton
Bermuda
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F Form 40-F

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached hereto as Exhibit99.1 and Exhibit99.2 are the mandatory notification of trades with respect to shares by persons discharging managerial responsibilities. This notification has been publicly disclosed in accordance with Article 19 of the Market Abuse Regulation section 5-12 of the Norwegian Securities Trading Act.

This Report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No. 333-268367) that was declared effective December 7, 2022 and the Company's Registration Statement on Form F-3 (registration No. 333-259962) that was declared effective October 14, 2021.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

FLEX LNG Ltd.<br><br>(registrant)
By: /s/ Oystein Kalleklev
Name: Oystein Kalleklev
Title: Chief Executive Officer of Flex LNG Management AS<br><br>(Principal Executive Officer of FLEX LNG Ltd.)

Date: April 23, 2024

Document

Exhibit 99.1

Flex LNG - Mandatory notification of trade by PDMR

Hamilton, Bermuda

April 17, 2024

Flex LNG Ltd. (the "Company") has received trade notifications from the following persons discharging managerial responsibilities ("PDMR"):

Øystein Kalleklev, CEO of Flex LNG Management AS, has in the period April 15th and April 16th, 2024 exercised 87,500 options and subsequently sold 87,500 shares on New York Stock Exchange for an average price of USD 25.17 per share. Following the sale, Mr. Kalleklev owns 50,000 common shares and has 100,000 share options in the Company.

Knut Traaholt, CFO of Flex LNG Management AS, has in the period April 15th and April 16th, 2024 exercised 42,000 options and subsequently sold 42,000 shares on New York Stock Exchange for an average price of USD 25.17 per share. Following the sale, Mr. Traaholt has 48,000 share options in the Company.

Please find further details in the attached forms.

This notification has been publicly disclosed in accordance with Article 19 of the Market Abuse Regulation section 5-12 of the Norwegian Securities Trading Act.

For questions, please contact:

Knut Traaholt, Chief Financial Officer of Flex LNG Management AS

Email: IR@flexlng.com

About Flex LNG

Flex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG). Our fleet consists of thirteen LNG carriers on the water and all of our vessels are state-of-the-art ships with the latest generation two-stroke propulsion (MEGI and X-DF). These modern ships offer significant improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. We have built up a significant contract backlog, having 11 of our 13 vessels on long term fixed rate charter contracts and one vessel on variable hire time charter. Flex LNG is listed both on the New York Stock Exchange as well as Oslo Stock Exchange under the ticker FLNG.

Document

Exhibit 99.2

1
a) Knut Traaholt
2
a) Chief Financial Officer (CFO)
b) Initial notification
3
a) Flex LNG Ltd
b) 21380084THHU3MPC3647
4
a) Share options linked to shares with ISIN BMG359472021
b) Exercise of options
c) Price(s) Volume(s)
6.825
d) A total of 42,000 options with a total exercise price of 286,650.
e) 2024-04-15
f) XOFF - Outside of a trading venue

All values are in US Dollars.

Exhibit 99.2

1
a) Øystein Kalleklev
2
a) Chief Executive Officer (CEO)
b) Initial notification
3
a) Flex LNG Ltd
b) 21380084THHU3MPC3647
4
a) Share options linked to shares with ISIN BMG359472021
b) Exercise of options
c) Price(s) Volume(s)
6.825
d) A total of 87,500 options with a total exercise price of 597,187.5.
e) 2024-04-15
f) XOFF - Outside of a trading venue

All values are in US Dollars.

Exhibit 99.2

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Øystein Kalleklev
2 Reason for the notification
a) Position/status Chief Executive Officer (CEO)
b) Initial notification/Amendment Initial notification
3 Details of issuer
a) Name Flex LNG Ltd
b) LEI 21380084THHU3MPC3647
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument<br><br>Identification code Nature of instrument: shares<br><br>Instrument identification code (ISIN): BMG359472021
b) Nature of the transaction Sale

Exhibit 99.2

c) Price(s) and volume(s) Price(s) in Volume(s) Place of transaction
25.2197 1 668
25.2382 370
25.29 1 091
25.32 1 606
25.25 493
25.275 3
25.26 10 503
25.13 68
25.18 132
25.27 3 034
25.26 712
25.38 941
25.175 68
25.22 1 619
25.29 2 973
25.12 62
25.45 68
25.21 322
25.43 68
25.25 405
25.23 2 809
25.27 541
25.2 135
25.29 1 081
25.29 2 121
25.35 338
25.13 71
25.31 135
25.22 459
25.23 3 007
25.29 5 901
25.2 1
d) Aggregated information<br>—<br>Aggregated volume<br><br><br>—<br>Price Total volume: 43,750 sharesTotal price: 1,105,492.50
e) Date of the transaction 2024-04-15

All values are in US Dollars.

Exhibit 99.2

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Knut Traaholt
2 Reason for the notification
a) Position/status Chief Financial Officer (CFO)
b) Initial notification/Amendment Initial notification
3 Details of issuer
a) Name Flex LNG Ltd
b) LEI 21380084THHU3MPC3647
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument<br><br>Identification code Nature of instrument: shares<br><br>Instrument identification code (ISIN): BMG359472021
b) Nature of the transaction Sale

Exhibit 99.2

c) Price(s) and volume(s) Price(s) in Volume(s) Place of transaction
25.2197 801
25.2382 177
25.290 523
25.320 771
25.250 237
25.275 2
25.260 5 041
25.130 32
25.180 64
25.270 1 456
25.260 342
25.380 451
25.175 32
25.220 777
25.29 1 427
25.12 30
25.45 32
25.21 154
25.43 32
25.31 454
25.25 195
25.23 1 349
25.27 259
25.20 65
25.29 519
25.29 1 018
25.35 162
25.13 34
25.31 65
25.22 221
25.23 1 444
25.29 2 833
d) Aggregated information<br>—<br>Aggregated volume<br><br><br>—<br>Price Total volume: 21,000 sharesTotal price: 530,636.40
e) Date of the transaction 2024-04-15

All values are in US Dollars.

Exhibit 99.2

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Øystein Kalleklev
2 Reason for the notification
a) Position/status Chief Executive Officer (CEO)
b) Name Øystein Kalleklev
3 Details of issuer
a) Name Flex LNG Ltd
b) LEI 21380084THHU3MPC3647
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument<br><br>Identification code Nature of instrument: shares<br><br>Instrument identification code (ISIN): BMG359472021
b) Nature of the transaction Sale

Exhibit 99.2

c) Price(s) and volume(s) Price(s) in Volume(s) Place of transaction
25.0782 1 669
25.04 675
25.1156 409
25.0751 746
25.0707 1 290
25.01 135
25.1325 945
25.02 135
25.0719 2 468
25.0889 1 461
25.01 135
25.02 338
25.09120 196
25.1387 4 656
25.0968 5 965
25.1507 473
25.0575 540
25.15 135
25.0106 143
25.0377 2 219
25.0649 2 039
25.0496 945
25.0787 5 297
25.0233 405
25.0677 4 778
25.08 338
25 68
25.0473 2 448
25.0653 2 658

All values are in US Dollars.

Exhibit 99.2

d) Aggregated information<br>—<br>Aggregated volume<br><br><br>—<br>Price Total volume: 43,750 shares<br><br>Total price: USD 1,097,245.63
e) Date of the transaction 2024-04-16

Exhibit 99.2

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Knut Traaholt
2 Reason for the notification
a) Position/status Chief Financial Officer (CFO)
b) Initial notification/Amendment Initial notification
3 Details of issuer
a) Name Flex LNG Ltd
b) LEI 21380084THHU3MPC3647
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument<br><br>Identification code Nature of instrument: shares<br><br>Instrument identification code (ISIN): BMG359472021
b) Nature of the transaction Sale

Exhibit 99.2

c) Price(s) and volume(s) Price(s) in Volume(s) Place of transaction
25.0782 804
25.04 325
25.1156 197
25.0751 359
25.0707 621
25.01 65
25.1325 455
25.02 65
25.0719 1 188
25.0889 704
25.01 65
25.02 162
25.0912 94
25.1387 2 242
25.0968 2 872
25.1507 227
25.0575 260
25.15 65
25.0106 69
25.03770 1 068
25.0649 982
25.0496 455
25.0787 2 550
25.0233 195
25.0677 2 300
25.08 162
25 32
25.0473 1 178
25.0653 1 280

All values are in US Dollars.

Exhibit 99.2

d) Aggregated information<br>—<br>Aggregated volume<br><br><br>—<br>Price Total volume: 21,000 shares<br><br>Total price: USD 526,677.90
e) Date of the transaction 2024-04-16