Brent Billinger - 15 Dec 2023 Form 4 Insider Report for SANMINA CORP (SANM)

Role
SVP & Corporate Controller
Signature
/s/ Christopher K. Sadeghian, Attorney-in-Fact
Issuer symbol
SANM
Transactions as of
15 Dec 2023
Net transactions value
+$318,672
Form type
4
Filing time
19 Dec 2023, 16:02:39 UTC
Previous filing
15 Feb 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SANM Common Stock Award $463,410 +9,000 +157% $51.49 14,742 15 Dec 2023 Direct F1, F2
transaction SANM Common Stock Tax liability $51,078 -992 -6.7% $51.49 13,750 15 Dec 2023 Direct F3
transaction SANM Common Stock Tax liability $51,078 -992 -7.2% $51.49 12,758 15 Dec 2023 Direct F4
transaction SANM Common Stock Tax liability $42,582 -827 -6.5% $51.49 11,931 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 5,000 shares one year of the grant date, 2,000 shares two years of the grant date, and 2,000 shares three 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.