SEC Form 4 · accession 0001181431-15-003859
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan S Hoak
Officer — EVP and General Counsel
Period of report
Mar 3, 2015
Accepted (ET)
Mar 3, 2015 · 6:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF2,F3 | Mar 3, 2015 | S | 12,500 | $12.18 | D | 221,330 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company incident to vesting of restricted stock share award.
- F2Includes the following: (1) 10,000 unvested Restricted Share Units, which will vest on June 3, 2015; (2) 37,500 unvested Restricted Share Units, which will vest in two equal annual installments beginning on May 17, 2015; (3) 56,250 unvested Restricted Share Units, which will vest in three equal annual installments beginning on May 21, 2015; and (4) 50,057 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 26, 2015.
- F3Each 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.