SEC Form 4 · accession 0001209191-18-043138
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Capellas
Director
Period of report
Jul 16, 2018
Accepted (ET)
Jul 18, 2018 · 5:53 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,F2 | Jul 16, 2018 | A | 2,753 | $0.00 | A | 94,913 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 15, 2018, the Reporting Person was awarded a total of 2,753 restricted share units (RSUs) pursuant to the terms of the Issuer's Share Election Program as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The award was granted for the quarterly period from 4/1/2018 to 6/30/2018. The award vested immediately upon grant.
- F2Includes 14,613 unvested Restricted Stock Units (RSU's) which vest in full on the date immediately prior to the date of Issuer's 2018 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.