Marc A. Onetto - 25 Aug 2022 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Director
Signature
/s/ Marc A. Onetto, by Heather Childress as attorney-in-fact
Issuer symbol
FLEX
Transactions as of
25 Aug 2022
Net transactions value
$0
Form type
4
Filing time
26 Aug 2022, 20:44:57 UTC
Previous filing
06 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Gift $0 -125,274 -100% $0.000000* 0 25 Aug 2022 By Trust
transaction FLEX Ordinary Shares Gift $0 +125,274 $0.000000 125,274 25 Aug 2022 By Trust F1
transaction FLEX Ordinary Shares Gift $0 -10,475 -100% $0.000000* 0 25 Aug 2022 Direct
transaction FLEX Ordinary Shares Gift $0 +10,475 +8.4% $0.000000 135,749 25 Aug 2022 By Trust F2
transaction FLEX Ordinary Shares Award $0 +9,871 $0.000000 9,871 25 Aug 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the MARC AND SALLY ONETTO LIVING TRUST (previously held in MARC & SALLY ONETTO TTEES MARC & SALLY ONETTO LIVING TR DTD 6/7/99), of which Reporting Person and his spouse are co-trustees and co-beneficiaries.
F2 Shares held by the MARC AND SALLY ONETTO LIVING TRUST, of which Reporting Person and his spouse are co-trustees and co-beneficiaries.
F3 On August 25, 2022, the Reporting Person was awarded a total of 9,871 restricted share units ("RSUs") pursuant to the terms of the annual equity award to Non-Employee Directors under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more fully described in the section titled "Fiscal Year 2022 Non-Employee Directors' Compensation" beginning on page 38 of the Issuer's Proxy Statement filed with the SEC on June 30, 2022. Each RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited. The award shall vest in full on the date immediately prior to the date of Issuer's 2023 annual general meeting.
F4 Consists of 9,871 unvested RSUs which vest in full on the date immediately prior to the date of Issuer's 2023 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.