SEC Form 4 · accession 0001209191-18-056845
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
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 9:00 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,F4 | Oct 30, 2018 | P | 27,027 | $7.4841 | A | 311,165 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consistent with Section 16(b) of the Securities Exchange Act of 1934, the Reporting Person has remitted $43,043.36 to the Company in connection with the transactions reported on this Form 4.
- F2Price reflects weighted average purchase price; actual purchase prices ranged from $7.47 to $7.50. 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.
- F3Includes the following: (1) 135,000 unvested Restricted Share Units, which will vest in three equal installments beginning on November 30, 2018; (2) 50,000 unvested Restricted Stock Units, which will vest on November 30, 2019; (3) 40,162 unvested Restricted Stock Units, which will vest in three equal installments beginning on June 29, 2019; and (4) 52,376 unvested Restricted Stock Units, which will vest in four equal installments beginning on June 19, 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.