4//SEC Filing
WENDLER DANIEL 4
Accession 0001628280-25-025274
CIK 0000866374other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 8:53 PM ET
Size
8.0 KB
Accession
0001628280-25-025274
Insider Transaction Report
Form 4
FLEX LTD.FLEX
WENDLER DANIEL
Chief Accounting Officer
Transactions
- Award
Ordinary Shares
2025-05-09+12,480→ 43,178 total - Sale
Ordinary Shares
2025-05-13$41.99/sh−4,502$189,040→ 38,676 total
Footnotes (5)
- [F1]On June 1, 2022, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on March 31, 2025. The Issuer certified the achievement of the performance criterion, and the PSUs fully vested, on May 9, 2025, and were 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 PSUs.
- [F3]Price reflects weighted average sales price; actual sales prices ranged from $41.65 to $42.23. 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) 4,161 unvested restricted share units ("RSUs"), which will vest on June 1, 2025; (2) 6,725 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (3) 6,477 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2025.
- [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 0001916194
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 8:53 PM ET
- Size
- 8.0 KB