SEC Form 4 · accession 0001181431-15-008188
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Bennett
Officer — Chief Accounting Officer
Period of report
Jun 10, 2015
Accepted (ET)
Jun 11, 2015 · 8:53 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,F3 | Jun 10, 2015 | A | 22,623 | $0.00 | A | 110,273 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of 22,623 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 10, 2016.
- F2Includes the following: (1) 6,000 unvested Restricted Stock Units will vest on June 17, 2015; (2) 9,000 unvested Restricted Stock Units, which will vest in two equal annual installments beginning on June 15, 2015; (3) 18,900 unvested Restricted Stock Units, which will vest in three equal annual installments beginning on June 15, 2015; (4) 18,750 unvested Restricted Stock Units, which will vest in three equal annual installments beginning on July 25, 2015; (5) 25,000 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 26, 2015; and (6) 22,623 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 10, 2016.
- 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.