Charlie Mason - Dec 15, 2023 Form 4 Insider Report for SANMINA CORP (SANM)

Signature
/s/ Christopher K. Sadeghian, Attorney-in-Fact
Stock symbol
SANM
Transactions as of
Dec 15, 2023
Transactions value $
$828,320
Form type
4
Date filed
12/19/2023, 04:02 PM
Previous filing
Mar 20, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SANM Common Stock Award $1.08M +21K +92.65% $51.49 43.7K Dec 15, 2023 Direct F1, F2
transaction SANM Common Stock Tax liability -$91.2K -1.77K -4.06% $51.49 41.9K Dec 15, 2023 Direct F3
transaction SANM Common Stock Tax liability -$85.1K -1.65K -3.95% $51.49 40.2K Dec 15, 2023 Direct F4
transaction SANM Common Stock Tax liability -$76.6K -1.49K -3.7% $51.49 38.8K Dec 15, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Sanmina Corporation common stock.
F2 The restricted units vest 5,500 shares one year of the grant date, 5,500 shares two years of the grant date, 5,500 shares three years of the grant date, and 4,500 shares four years of the grant date.
F3 Shares withheld by registrant to satisfy maximum statutory withholding requirements on vesting of restricted stock units granted on December 15, 2020.
F4 Shares withheld by registrant to satisfy maximum statutory withholding requirements on vesting of restricted stock units granted on December 15, 2021.
F5 Shares withheld by registrant to satisfy maximum statutory withholding requirements on vesting of restricted stock units granted on December 15, 2022.