Filing Details
- Accession Number:
- 0001628280-24-028172
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-13 20:36:23
- Reporting Period:
- 2024-06-11
- Accepted Time:
- 2024-06-13 20:36:23
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1688179 | Paul Lundstrom | C/O Flextronics International Usa, Inc. 12455G Research Blvd Austin TX 78759 | Chief Financial Officer | 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 | 63,293 | $0.00 | 345,171 | No | 4 | A | Direct | |
| Ordinary Shares | Disposition | 2024-06-12 | 29,041 | $32.13 | 316,130 | No | 4 | S | Direct | |
| Ordinary Shares | Acquisiton | 2024-06-12 | 38,708 | $0.00 | 354,838 | 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
- 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.
- 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.
- Price reflects weighted average sales price; actual sales prices ranged from $31.79 to $32.71. 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.
- Consists of 38,708 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 12, 2025.
- Includes the following: (1) 60,121 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024; (2) 31,684 unvested RSUs, which will vest on June 1, 2025; and (3) 38,708 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025.
- Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
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