Michael E. Hurlston - Apr 18, 2022 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Director
Signature
/s/ Michael E. Hurlston, by Heather Childress as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Apr 18, 2022
Transactions value $
$0
Form type
4
Date filed
4/19/2022, 08:56 PM
Previous filing
Jan 18, 2022
Next filing
Jul 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Award $0 +1.55K +4.77% $0.00 34K Apr 18, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 18, 2022, the Reporting Person was awarded a total of 1,551 restricted share units ("RSUs") pursuant to the terms of the Issuer's Share Election Program whereby directors elect to receive equity in lieu of cash compensation and as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The award was granted for the quarterly period from 01/01/2022 to 03/31/2022. The award vested immediately upon grant.
F2 Includes 10,475 unvested RSUs, which vest in full on the date immediately prior to the date of Issuer's 2022 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.