SEC Form 4 · accession 0001209191-18-062139
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Capellas
Director
Period of report
Dec 7, 2018
Accepted (ET)
Dec 11, 2018 · 9:20 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 | Dec 7, 2018 | A | 47,776 | $0.00 | A | 163,715 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 7, 2018, in recognition of the Reporting Person's substantial assistance to the Company's management with the Chief Executive Officer transition, the Reporting Person was awarded a total of 47,776 Restricted Share Units ("RSUs"), which will vest in full on the date immediately prior to the date of Issuer's 2019 annual general meeting.
- F2Includes 17,616 unvested RSUs which vest in full on the date immediately prior to the date of Issuer's 2019 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.