SEC Form 4 · accession 0001209191-16-152366
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Raymond Bingham
Director
Period of report
Nov 25, 2016
Accepted (ET)
Nov 29, 2016 · 6:52 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 SharesF1,F2 | Nov 25, 2016 | S | 20,000 | $14.5081 | D | 43,262 | I | By L.P |
| Ordinary SharesF3 | holding | — | — | — | 21,367 | D | ||
| Oridnary SharesF4 | holding | — | — | — | 28,416 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Price reflects weighted average sales price; actual sales prices ranged from $14.485 to $14.53. 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.
- F2Shares 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.
- 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.
- F4Shares held by The Raymond & Kristin Bingham Revocable Trust UAD 09/16/2004.