Flushing Financial 8k Material Contracts
UNITED STATES
SECURITIES and EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Date of report (Date of earliest event reported)               December 23, 2005

FLUSHING FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)

000-24272
(Commission File Number)

DELAWARE
(State or other jurisdiction of incorporation)

11-3209278
(I.R.S. Employer Identification Number)

1979 MARCUS AVENUE, SUITE E140, LAKE SUCCESS, NEW YORK 11042
(Address of principal executive offices)

(718) 961-5400
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

( )       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

( )       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

( )       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
            (17 CFR 240.14d-2(b))

( )       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
            (17 CFR 240.13e-4(c))



Item 1.01    Entry into a Material Definitive Agreement

     On December 20, 2005, the Board of Directors of the Company awarded cash bonuses under the Company's 2005 Omnibus Incentive Plan to the following executive officers in the following amounts: John R. Buran - $200,000; Francis W. Korzekwinski - $66,000; Robert L. Callicutt - $62,000; David W. Fry - $60,000; Henry A. Braun - $56,000; Anna M. Piacentini - $50,000.



SIGNATURE

        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 hereunto duly authorized.




    FLUSHING FINANCIAL CORPORATION
 
Date:   December 23, 2005 By: /s/David W. Fry                           
    David W. Fry
  Title: Senior Vice President, Treasurer
    and Chief Financial Officer