David Scott Offer - Sep 12, 2022 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
EVP, General Counsel
Signature
/s/ David Scott Offer, by Heather Childress as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Sep 12, 2022
Transactions value $
-$2,303,280
Form type
4
Date filed
9/14/2022, 08:46 PM
Previous filing
Jun 24, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$2.3M -120K -31.4% $19.19 262K Sep 12, 2022 Trust F1
holding FLEX Ordinary Shares 138K Sep 12, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reflects weighted average purchase price; actual purchase prices ranged from $18.97 to $19.62. 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.
F2 Consists of the following: (1) 53,412 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 1, 2023; (2) 26,857 unvested RSUs, which will vest on June 3, 2023; (3) 34,761 unvested RSUs, which will vest in two equal annual installments beginning on June 9, 2023; and (4) 22,787 unvested RSUs, which will vest on June 11, 2023.
F3 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.

Remarks:

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.