SEC Form 4 · accession 0001209191-16-140320
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Raymond Bingham
Director
Period of report
Sep 9, 2015
Accepted (ET)
Sep 6, 2016 · 8:50 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 9, 2015 | G | 22,788 | $0.00 | D | 46,995 | D | |
| Ordinary SharesF2 | Sep 9, 2015 | G | 22,788 | $0.00 | A | 22,788 | I | By Trust |
| Ordinary SharesF3 | Sep 1, 2016 | G | 25,628 | $0.00 | D | 21,367 | D | |
| Oridnary SharesF4,F2 | Sep 1, 2016 | G | 25,628 | $0.00 | A | 28,416 | I | By Trust |
| Ordinary SharesF5,F6 | Sep 1, 2016 | S | 25,000 | $13.1979 | D | 63,262 | I | By L.P |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents Ordinary Shares reported in prior Forms as directly held by Mr. Bingham and transferred to The Raymond & Kristin Bingham Revocable Trust UAD 09/16/2004.
- F2Shares held by The Raymond & Kristin Bingham Revocable Trust UAD 09/16/2004.
- F3Includes 21,367 unvested restricted share units (RSUs) which vest in full on the date immediately prior to the date of Issuer's 2017 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.
- F4Includes previously reported sale of 20,000 shares reported in Form 4 reported on 10/22/2015.
- F5Price reflects weighted average sales price; actual sales prices ranged from $13.18 to $13.205. 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.
- F6Shares 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.