SEC Form 4 · accession 0001209191-16-121430
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Collier
Officer — Chief Financial Officer
Period of report
May 18, 2016
Accepted (ET)
May 18, 2016 · 7:01 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 SharesF2,F3 | May 18, 2016 | S | 4,715 | $12.23 | D | 547,056 | 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 shares award.
- F2Includes the following: (1) 55,000 unvested restricted share units, which will vest in two equal annual installments beginning on May 21, 2016; (2) 90,103 unvested restricted share units, which will vest in three equal annual installments beginning on June 26, 2016; and (3) 103,305 unvested restricted share units, which will vest in four equal annual installments beginning on June 10, 2016.
- F3Each unvested restricted share unit represents a contingent right to receive one unrestricted, fully transferable share for each vested restricted share unit which has not previously forfeited.