Revathi Advaithi - Jun 8, 2023 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Chief Executive Officer, Director
Signature
/s/ Revathi Advaithi, by Kristine Murphy as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Jun 8, 2023
Transactions value $
-$5,981,466
Form type
4
Date filed
6/9/2023, 08:37 PM
Previous filing
Jun 8, 2023
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$2.99M -113K -5.81% $26.44 1.83M Jun 8, 2023 Direct F1, F2
transaction FLEX Ordinary Shares Sale -$2.99M -114K -6.2% $26.33 1.72M Jun 9, 2023 Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale as 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 $26.26 to $26.54. 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 This sale as reported in this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F4 Price reflects weighted average sales price; actual sales prices ranged from $26.195 to $26.595. 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.
F5 Includes the following: (1) 173,802 unvested RSUs, which will vest in two equal annual installments beginning on June 9, 2023; (2) 97,657 unvested RSUs, which will vest on June 11, 2023; and (3) 197,824 unvested RSUs, which will vest in two equal annual installments beginning June 1, 2024.
F6 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.