Revathi Advaithi - Feb 14, 2022 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Chief Executive Officer, Director
Signature
/s/ Revathi Advaithi, by Heather Childress as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Feb 14, 2022
Transactions value $
-$552,890
Form type
4
Date filed
2/16/2022, 08:01 PM
Previous filing
Jan 10, 2022
Next filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$553K -32.4K -3.26% $17.08 961K Feb 14, 2022 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 represents 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 $16.87 to $17.22. 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) 230,203 unvested RSUs, which will vest in two equal annual installments beginning on June 3, 2022; (2) 260,703 unvested RSUs, which will vest in three equal annual installments beginning on June 9, 2022; and (3) 195,313 unvested RSUs, which will vest in two equal annual installments beginning on June 11, 2022.
F4 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.