Revathi Advaithi - Sep 10, 2024 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
Sep 10, 2024
Transactions value $
$0
Form type
4
Date filed
9/11/2024, 09:10 PM
Previous filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Gift $0 -825K -40.1% $0.00 1.23M Sep 10, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount gifted for estate planning purposes to an irrevocable trust that was established for the benefit of Reporting Person's children. Reporting Person has no pecuniary interest in, or voting or dispositive power with respect to, the shares gifted to the trust.
F2 Includes the following: (1) 128,017 unvested restricted share units ("RSUs"), which will vest on June 1, 2025; (2) 164,216 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (3) 170,042 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2025.
F3 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.