SEC Form 4 · accession 0001209191-16-152803
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Scott Offer
Officer — EVP, General Counsel
Period of report
Nov 30, 2016
Accepted (ET)
Dec 1, 2016 · 7:44 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 | Nov 30, 2016 | A | 180,000 | $0.00 | A | 180,000 | D | |
| Ordinary SharesF2,F3,F4 | Nov 30, 2016 | A | 50,000 | $0.00 | A | 230,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of 180,000 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on November 30, 2017.
- F2Consists of 50,000 unvested Restricted Stock Units, which will fully vest on November 30, 2019.
- F3Includes the following: (1) 180,000 unvested Restricted Share Units, which will vest in four equal installments beginning on November 30, 2017 and (2) 50,000 unvested Restricted Stock Units, which will vest on November 30, 2019.
- F4Each unvested Restricted Stock Unit represents a contingent right to receive one unrestricted, fully transferable share for each vested Restricted Stock Unit which has not previously forfeited.