Francois Barbier - 14 Jun 2021 Form 4 Insider Report for FLEX LTD. (FLEX)

Signature
/s/ Francois Barbier, by Heather Childress as attorney-in-fact
Issuer symbol
FLEX
Transactions as of
14 Jun 2021
Net transactions value
-$363,645
Form type
4
Filing time
16 Jun 2021, 21:30:05 UTC
Previous filing
10 Jun 2021
Next filing
23 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale $363,645 -19,906 -4% $18.27 483,714 14 Jun 2021 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in 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 $18.51. 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 Includes the following: (1) 67,034 unvested RSUs, which will vest in two equal annual installments beginning on June 3, 2022; (2) 64,490 unvested RSUs, which will vest in three equal annual installments beginning on June 9, 2022; (3) 56,874 unvested RSUs, which will vest in two equal annual installments beginning on June 11, 2022; (4) 38,450 unvested RSUs, which will vest in two equal annual installments beginning on June 19, 2021; and (5) 19,446 unvested RSUs, which will vest on June 29, 2021.
F4 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 this Form 4 includes sales effected pursuant to a Rule 10b5-1 trading plan.