SEC Form 4 · accession 0001209191-16-092718
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lay Koon Tan
Director
Period of report
Jan 20, 2016
Accepted (ET)
Jan 20, 2016 · 6:14 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 | Jan 20, 2016 | S | 477 | $9.0337 | D | 96,056 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company incident to vesting of restricted stock share award.
- F2Includes 16,309 unvested Restricted Stock Units (RSU's) 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.