Filing Details

Accession Number:
0001209191-19-036967
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-13 20:40:50
Reporting Period:
2019-06-11
Accepted Time:
2019-06-13 20:40:50
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Disposition 2019-06-11 10,313 $9.61 681,494 No 4 S Direct
Ordinary Shares Acquisiton 2019-06-11 113,747 $0.00 795,241 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ordinary Shares 7,862 Indirect By Spouse
Footnotes
  1. 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 restricted share units ("RSUs").
  2. Price reflects weighted average sales price; actual sales prices ranged from $9.48 to $9.78. 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.
  3. Consists of 113,747 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020.
  4. Includes the following: (1) 39,002 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2019; (2) 50,490 unvested RSUs, which will vest in three equal annual installments beginning on June 29, 2019; (3) 76,899 unvested RSUs, which will vest in four equal annual installments beginning on June 19, 2019; (4) 113,747 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020; (5) 59,453 unvested RSUs, which will vest upon achievement of performance conditions; and (6) 388,349 unvested RSUs, which will vest on March 5, 2021.
  5. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.
  6. Includes 2,855 unvested RSUs, which will vest in four equal annual installments beginning on June 14, 2019.
  7. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.