DAVID SCOTT OFFER - 08 Jun 2023 Form 4 Insider Report for FLEX LTD. (FLEX)

Signature
/s/ David Scott Offer, by Kristine Murphy as attorney-in-fact
Issuer symbol
FLEX
Transactions as of
08 Jun 2023
Net transactions value
-$1,397,180
Form type
4
Filing time
09 Jun 2023, 20:41:13 UTC
Previous filing
08 Jun 2023
Next filing
13 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale $698,600 -26,420 -11% $26.44 224,329 08 Jun 2023 Direct F1, F2
transaction FLEX Ordinary Shares Sale $698,580 -26,529 -12% $26.33 197,800 09 Jun 2023 Direct F3, F4, F5, F6
holding FLEX Ordinary Shares 262,164 08 Jun 2023 By Trust
* 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 purchase price; actual purchase 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 purchase price; actual purchase prices ranged from $26.195 to $26.57. 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) 34,761 unvested RSUs, which will vest in two equal annual installments beginning on June 9, 2023; (2) 22,787 unvested RSUs, which will vest on June 11, 2023; and (3) 35,608 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024.
F6 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.