Tan Kwang Hooi - Jun 2, 2023 Form 4 Insider Report for FLEX LTD. (FLEX)

Signature
/s/ Tan Kwang Hooi, by Kristine Murphy as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Jun 2, 2023
Transactions value $
-$239,448
Form type
4
Date filed
6/6/2023, 09:22 PM
Previous filing
Mar 3, 2023
Next filing
Jun 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$239K -9.19K -7.01% $26.07 122K Jun 2, 2023 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 $25.73 to $26.195. 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) 6,914 unvested RSUs, which will vest on June 14, 2023; (2) 13,684 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2023; (3) 9,461 unvested RSUs, which will vest on June 19, 2023; and (4) 35,608 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024.
F4 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.