Filing Details

Accession Number:
0001209191-18-039062
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-21 21:14:07
Reporting Period:
2018-06-19
Accepted Time:
2018-06-21 21:14:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
866374 Flex Ltd. FLEX Printed Circuit Boards (3672) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1261031 M Michael Mcnamara C/O Flextronics International Usa Inc.
6201 America Center Drive
San Jose CA 95002
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2018-06-19 312,588 $0.00 3,421,864 No 4 A Direct
Ordinary Shares Acquisiton 2018-06-19 329,225 $0.00 3,751,089 No 4 A Direct
Ordinary Shares Disposition 2018-06-21 239,288 $14.50 3,511,801 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. On 6/10/2015, the Reporting Person was awarded a number of performance-based restricted stock 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.
  2. Consists of 329,225 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 19, 2019.
  3. Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company incident to vesting of restricted stock share award.
  4. Price reflects weighted average sales price; actual sales prices ranged from $14.491 to $14.513. 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.
  5. Includes the following: (1) 91,325 unvested Restricted Share Units, which will vest on June 26, 2018; (2) 89,876 unvested Restricted Share Units, which will vest on June 10, 2019; (3) 183,308 unvested Restricted Share Units, which will vest in two equal annual installments beginning on June 14, 2019; (4) 336,597 unvested Restricted Share Units, which will vest in four equal annual installments beginning on June 29, 2018; and (5) 329,225 unvested Restricted Share Units, which will vest in four equal annual installments beginning on June 19, 2019.
  6. Each unvested Restricted Share Unit represents a contingent right to receive one unrestricted, fully transferable share for each vested Restricted Share Unit which has not previously forfeited.
  7. The shares are held by the McNamara Family Trust.