William D. Watkins - Aug 2, 2023 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Director
Signature
/s/ William D. Watkins, by Kristine Murphy as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Aug 2, 2023
Transactions value $
$0
Form type
4
Date filed
8/4/2023, 09:09 PM
Previous filing
Feb 17, 2023
Next filing
Sep 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Award $0 +7.42K $0.00 7.42K Aug 2, 2023 Direct F1, F2
holding FLEX Ordinary Shares 101K Aug 2, 2023 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 2, 2023, the Reporting Person was awarded a total of 7,418 restricted share units ("RSUs") pursuant to the terms of the annual equity award to Non-Employee Directors under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more fully described in the section titled "Fiscal Year 2023 Non-Employee Directors' Compensation" beginning on page 38 of the Issuer's Proxy Statement filed with the SEC on June 21, 2023. Each RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited. The award shall vest in full on the date immediately prior to the date of Issuer's 2024 annual general meeting.
F2 Consists of 7,418 RSUs which vest in full on the date immediately prior to the date of Issuer's 2024 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.
F3 Shares held by the Denise P. Watkins u/a/d 01-0701994 William D. Watkins Trustee of Watkins Family Trust, of which the Reporting Person and his spouse are co-trustees and co-beneficiaries.