Filing Details

Accession Number:
0001209191-18-039060
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-21 21:09:58
Reporting Period:
2018-06-19
Accepted Time:
2018-06-21 21:09:58
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
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 2018-06-19 41,322 $0.00 281,688 No 4 A Direct
Ordinary Shares Acquisiton 2018-06-19 76,899 $0.00 358,587 No 4 A Direct
Ordinary Shares Disposition 2018-06-21 41,218 $14.49 317,369 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
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ordinary Shares 8,543 Indirect By Spouse
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 76,899 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 shares award.
  4. Price reflects weighted average sales price; actual sales prices ranged from $14.48 to $14.545. 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) 2,000 unvested Restricted Stock Units, which will vest on August 31, 2018; and (2) 2,855 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 14, 2019.
  6. Each unvested Restricted Stock Unit represents a contingent right to receive one unrestricted, fully transferable share for each vested Restricted Stock Unit which has not previously forfeited.
  7. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.