Filing Details

Accession Number:
0001628280-24-028170
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-13 20:35:30
Reporting Period:
2024-06-11
Accepted Time:
2024-06-13 20:35:30
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
1820263 P Michael Hartung C/O Flextronics International Usa, Inc.
12455G Research Blvd
Austin TX 78759
Group President No 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 2024-06-11 50,346 $0.00 214,369 No 4 A Direct
Ordinary Shares Disposition 2024-06-12 25,525 $32.13 188,844 No 4 S Direct
Ordinary Shares Acquisiton 2024-06-12 28,151 $0.00 216,995 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 A Direct
Footnotes
  1. On June 9, 2021, 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 June 10, 2024. The Issuer certified the achievement of the performance criterion on June 11, 2024, and the PSUs were subject to applicable taxes upon delivery.
  2. 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.
  3. Price reflects weighted average sales price; actual sales prices ranged from $31.79 to $32.70. 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.
  4. Consists of 28,151 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 12, 2025.
  5. Includes the following: (1) 43,724 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024; (2) 23,043 unvested RSUs, which will vest on June 1, 2025; and (3) 28,151 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025.
  6. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.