Kwang Hooi Tan - 01 Jun 2022 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Group President
Signature
/s/ Tan Kwang Hooi, by Heather Childress as attorney-in-fact
Issuer symbol
FLEX
Transactions as of
01 Jun 2022
Net transactions value
$0
Form type
4
Filing time
03 Jun 2022, 20:53:15 UTC
Previous filing
20 May 2022
Next filing
08 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Award $0 +53,412 +76% $0.000000 123,832 01 Jun 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 53,412 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 1, 2023.
F2 Includes the following: (1) 4,461 unvested RSUs, which will vest on June 14, 2022; (2) 13,827 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2022; (3) 20,525 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2022; (4) 18,922 unvested RSUs, which will vest in two equal annual installments beginning on June 19, 2022; (5) 5,930 unvested RSUs, which will vest on February 28, 2023; and (6) 53,412 unvested RSUs, which will vest in three equal annual installments beginning on June 1, 2023.
F3 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.