SEC Form 4 · accession 0001181431-15-005973
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Capellas
Director
Period of report
Apr 15, 2015
Accepted (ET)
Apr 17, 2015 · 6:45 pm EDT
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 SharesF1,F2 | Apr 15, 2015 | A | 1,960 | $0.00 | A | 22,799 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 15, 2015, Reporting Person was awarded a total of 1,960 restricted share units (RSUs) pursuant to the terms of the Issuer's Share Election Program as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The awards were granted for the quarterly period from 1/1/2015 to 3/31/2015. The award vests immediately upon grant.
- F2Includes 13,673 unvested Restricted Share Units, which vest in full on the date immediately prior to the date of Issuer's 2015 annual general meeting. 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.