SEC Form 4 · accession 0001209191-15-076835
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Raymond Bingham
Director
Period of report
Sep 8, 2014
Accepted (ET)
Oct 26, 2015 · 8:55 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 | Sep 8, 2014 | S | 29,411 | $11.1622 | D | 61,295 | D | |
| Ordinary SharesF1,F2,F3 | Oct 22, 2015 | S | 30,000 | $11.3115 | D | 75,383 | I | By L.P. |
| Ordinary SharesF1,F4,F5 | Oct 23, 2015 | S | 20,000 | $11.3976 | D | 41,295 | 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.
- F2Price reflects weighted average sales price; actual sales prices ranged from $11.30 to $11.34. 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.
- F3Shares held indirectly by a limited partnership which is owned 100% by trusts, of which Reporting Person is a trustee, and which were established for the benefit of the Reporting Person's children.
- F4Price reflects weighted average sales price; actual sales prices ranged from $11.39 to $11.40. 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.
- F5Includes 25,628 unvested restricted share units (RSUs) which vest in full on the date immediately prior to the date of Issuer's 2016 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.