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Filing Details

Accession Number:: 0001209191-20-004259
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-01-21 16:19:17
Reporting Period:: 2018-06-14

Accepted Time:: 2020-01-21 16:19:17
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
1330988	Douglas Britt	6201 America Center Drive San Jose CA 95002	President	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Ordinary Shares	Acquisiton	2018-06-14	2,855	$0.00	8,543	No	4	A	Indirect	By Spouse
Ordinary Shares	Disposition	2018-09-04	681	$13.65	7,862	No	4	S	Indirect	By Spouse
Ordinary Shares	Acquisiton	2019-06-14	4,424	$0.00	12,286	No	4	A	Indirect	By Spouse
Ordinary Shares	Disposition	2019-06-17	294	$8.96	11,992	No	4	S	Indirect	By Spouse
Ordinary Shares	Disposition	2020-01-16	15,184	$13.39	752,467	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Indirect	By Spouse
No	4	S	Indirect	By Spouse
No	4	A	Indirect	By Spouse
No	4	S	Indirect	By Spouse
No	4	S	Direct

Footnotes

Consists of 2,855 unvested restricted share units ("RSUs") acquired by spouse of Reporting Person, which will vest in four equal annual installments beginning on June 14, 2019.
The sale reported in this Form 4 represents shares sold by spouse of Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
Consists of 4,424 unvested RSUs acquired by spouse of Reporting Person, which will vest in four equal annual installments beginning on June 14, 2020.
6,566 unvested RSUs were forfeited when Reporting Person's spouse departed Flex in October 2019.
The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
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.
Price reflects weighted average sales price; actual sales prices ranged from $13.315 to $13.46. 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.
Includes the following: (1) 19,501 unvested RSUs, which will vest on June 14, 2020; (2) 33,660 unvested RSUs, which will vest in two equal annual installments beginning on June 29, 2020; (3) 57,675 unvested RSUs, which will vest in three equal annual installments beginning on June 19, 2020; (4) 113,747 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020; (5) 29,727 unvested RSUs, which will vest upon achievement of stock price performance conditions; and (6) 388,349 unvested RSUs, which will vest on March 5, 2021.
Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.