David Bennett - Jun 14, 2021 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Chief Accounting Officer
Signature
/s/ David Bennett, by Heather Childress as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Jun 14, 2021
Transactions value $
-$1,018,647
Form type
4
Date filed
6/16/2021, 09:31 PM
Previous filing
Jun 10, 2021
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$101K -5.53K -3.19% $18.27 168K Jun 14, 2021 Direct F1, F2
transaction FLEX Ordinary Shares Sale -$918K -50.2K -29.91% $18.26 118K Jun 14, 2021 Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale as reported on this Form 4 includes shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs").
F2 Price reflects weighted average sales price; actual sales prices ranged from $18.165 to $18.48. 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.
F3 This sale as reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F4 Price reflects weighted average sales price; actual sales prices ranged from $18.165 to $18.49. 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.
F5 Includes the following: (1) 13,045 unvested RSUs, which will vest in two equal annual installments beginning on June 3, 2022; (2) 23,326 unvested RSUs, which will vest in three equal annual installments beginning on June 9, 2022; (3) 11,068 unvested RSUs, which will vest in two equal annual installments beginning on June 11, 2022; (5) 7,482 unvested RSUs, which will vest in two equal annual installments beginning on June 19, 2021; and (6) 3,825 unvested RSUs, which will vest on June 29, 2021.
F6 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.

Remarks:

The sale reported in Table I, Line 1 of this Form 4 includes sales effected pursuant to a Rule 10b5-1 trading plan.