Michael E. Hurlston - Oct 16, 2023 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Director
Signature
/s/ Michael E. Hurlston, by Kristine Murphy as attorney-in-fact
Stock symbol
FLEX
Transactions as of
Oct 16, 2023
Transactions value $
$0
Form type
4
Date filed
10/16/2023, 08:53 PM
Previous filing
Sep 26, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Award $0 +996 +1.72% $0.00 58.9K Oct 16, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 16, 2023, the Reporting Person was awarded a total of 996 restricted share units ("RSUs") pursuant to the terms of the Issuer's Share Election Program whereby directors elect to receive equity in lieu of cash compensation and as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The award was granted for the quarterly period from 07/01/2023 to 09/30/2023. The award vested immediately upon grant.
F2 Includes 7,418 unvested 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.