Revathi Advaithi - Jun 14, 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 14, 2023
Transactions value $
-$645,692
Form type
4
Date filed
6/16/2023, 09:18 PM
Previous filing
Jun 13, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Award $0 +197K +11.93% $0.00 1.85M Jun 14, 2023 Direct F1
transaction FLEX Ordinary Shares Sale -$646K -24.3K -1.31% $26.62 1.83M Jun 14, 2023 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 197,072 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 14, 2024.
F2 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 RSUs.
F3 Price reflects weighted average sales price; actual sales prices ranged from $26.30 to $26.795. 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.
F4 Includes the following: (1) 197,824 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024; (2) 86,901 unvested RSUs, which will vest on June 9, 2024; and (3) 197,072 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024.
F5 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.