Revathi Advaithi - Jun 6, 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
Jun 6, 2022
Transactions value $
-$972,481
Form type
4
Date filed
6/8/2022, 08:37 PM
Previous filing
Jun 3, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$972K -55.6K -4.42% $17.48 1.2M Jun 6, 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 $17.29 to $17.895. 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) 260,703 unvested RSUs, which will vest in three equal annual installments beginning on June 9, 2022; (2) 195,313 unvested RSUs, which will vest in two equal annual installments beginning on June 11, 2022; (3) 296,735 unvested RSUs, which will vest in three equal annual installments beginning on June 1, 2023; and (4) 115,102 unvested RSUs, which will vest on June 3, 2023.
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.