Paul Lundstrom - 16 Sep 2022 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Chief Financial Officer
Signature
/s/ Paul Lundstrom, by Heather Childress as attorney-in-fact
Issuer symbol
FLEX
Transactions as of
16 Sep 2022
Transactions value $
-$1,003,095
Form type
4
Filing time
16 Sep 2022, 20:42:08 UTC
Previous filing
14 Jun 2022
Next filing
09 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Sale -$1M -56.9K -14.82% $17.64 327K 16 Sep 2022 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 restricted share units ("RSUs").
F2 Price reflects weighted average sales price; actual sales prices ranged from $17.50 to $17.87. 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.
F3 Includes the following: (1) 73,442 unvested RSUs, which will vest in three equal annual installments beginning on June 1, 2023; and (2) 40,249 unvested RSUs, which will vest in two equal annual installments beginning on June 9, 2023; and (3) 105,486 unvested RSUs, which will vest on September 15, 2023.
F4 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.