SEC Form 4 · accession 0001209191-19-017928
FLEX LTD. · FLEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Humphries
Officer — Group President
Period of report
Mar 5, 2019
Accepted (ET)
Mar 7, 2019 · 9:26 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,F3 | Mar 5, 2019 | A | 242,718 | $0.00 | A | 835,208 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of 242,718 unvested restricted share units ("RSUs"), which will vest in full on March 5, 2021.
- F2Includes the following: (1) 25,279 unvested RSUs, which will vest on June 10, 2019; (2) 47,719 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2019; (3) 58,966 unvested RSUs, which will vest in three equal annual installments beginning on June 29, 2019; (4) 76,899 unvested RSUs, which will vest in four equal annual installments beginning on June 19, 2019; (5) 59,453 unvested RSUs, which will vest upon achievement of performance conditions; and (6) 242,718 unvested RSUs, which will vest on March 5, 2021.
- F3Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.