4//SEC Filing
Lundstrom Paul 4
Accession 0001209191-23-035606
CIK 0000866374other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 9:08 PM ET
Size
8.1 KB
Accession
0001209191-23-035606
Insider Transaction Report
Form 4
FLEX LTD.FLEX
Lundstrom Paul
Chief Financial Officer
Transactions
- Award
Ordinary Shares
2023-06-06+271,244→ 585,539 total - Sale
Ordinary Shares
2023-06-07$26.51/sh−45,445$1,204,592→ 540,094 total
Footnotes (5)
- [F1]On September 15, 2020, the Reporting Person was awarded performance-based restricted share units ("RSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion. If the performance criterion is achieved, the RSUs granted vest on the next business day following the third anniversary of the date of grant, subject to applicable taxes upon delivery.
- [F2]The sale reported in this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
- [F3]Price reflects weighted average sales price; actual sales prices ranged from $26.24 to $26.725. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F4]Includes the following: (1) 40,249 unvested RSUs, which will vest in two equal annual installments beginning on June 9, 2023; (2) 105,486 unvested RSUs, which will vest on September 15, 2023; and (3) 48,962 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024.
- [F5]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Documents
Issuer
FLEX LTD.
CIK 0000866374
Entity typeother
Related Parties
1- filerCIK 0001688179
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 9:08 PM ET
- Size
- 8.1 KB