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

Signature
/s/ Christopher K. Sadeghian, Attorney-in-Fact
Issuer symbol
SANM
Transactions as of
15 Dec 2023
Net transactions value
+$828,320
Form type
4
Filing time
19 Dec 2023, 16:02:12 UTC
Previous filing
20 Mar 2023
Next filing
04 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SANM Common Stock Award $1,081,290 +21,000 +93% $51.49 43,666 15 Dec 2023 Direct F1, F2
transaction SANM Common Stock Tax liability $91,240 -1,772 -4.1% $51.49 41,894 15 Dec 2023 Direct F3
transaction SANM Common Stock Tax liability $85,113 -1,653 -3.9% $51.49 40,241 15 Dec 2023 Direct F4
transaction SANM Common Stock Tax liability $76,617 -1,488 -3.7% $51.49 38,753 15 Dec 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.