Paul Lundstrom - Jun 12, 2023 Form 4 Insider Report for FLEX LTD. (FLEX)

Signature
/s/ Paul Lundstrom, by Kristine Murphy as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Jun 12, 2023
Transactions value $
-$276,196
Form type
4
Date filed
6/13/2023, 08:52 PM
Previous filing
Jun 9, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$276K -10.4K -2.31% $26.59 438K Jun 12, 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 $26.43 to $26.695. 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) 105,486 unvested RSUs, which will vest on September 15, 2023; (2) 48,962 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024; and (3) 20,125 unvested RSUs, which will vest on June 9, 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.