Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FLEX | Ordinary Shares | Sale | -$3.87M | -150K | -38.75% | $25.82 | 237K | Oct 30, 2023 | By Trust | F1 |
holding | FLEX | Ordinary Shares | 86.8K | Oct 30, 2023 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Price reflects weighted average purchase price; actual purchase prices ranged from $25.685 to $26.01. 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. |
F2 | Includes the following: (1) 35,608 unvested restricted share units ("RSUs"), which will vest in two equal annual installments beginning on June 1, 2024; (2) 17,381 unvested RSUs, which will vest on June 9, 2024; and (3) 33,783 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024. |
F3 | Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited. |