Filing Details

Accession Number:
0001209191-22-037658
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-16 20:48:45
Reporting Period:
2022-06-14
Accepted Time:
2022-06-16 20:48:45
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
1649101 Revathi Advaithi C/O Flextronics International Usa, Inc.
6201 America Center Drive
San Jose CA 95002
Chief Executive Officer Yes 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 2022-06-14 48,383 $15.55 1,109,141 No 4 S Direct
Ordinary Shares Acquisiton 2022-06-15 781,250 $0.00 1,890,391 No 4 A Direct
Ordinary Shares Disposition 2022-06-16 414,134 $14.40 1,476,257 No 4 S Direct
Ordinary Shares Disposition 2022-06-16 3,605 $15.07 1,472,652 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. This sale as 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 $15.41 to $15.73. 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. On June 11, 2019, the Reporting Person was awarded performance-based 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.
  4. This sale as reported in this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
  5. Price reflects weighted average sales price; actual sales prices ranged from $14.055 to $15.05. 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.
  6. Price reflects weighted average sales price; actual sales prices ranged from $15.055 to $15.145. 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.
  7. Includes the following: (1) 296,735 unvested RSUs, which will vest in three equal annual installments beginning on June 1, 2023; (2) 115,102 unvested RSUs, which will vest on June 3, 2023; (3) 173,802 unvested RSUs, which will vest in two equal annual installments beginning on June 9, 2023; and (4) 97,657 unvested RSUs, which will vest on June 11, 2023.
  8. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.