Michael P. Hartung - May 9, 2025 Form 4 Insider Report for FLEX LTD. (FLEX)

Role
Chief Commercial Officer
Signature
/s/ Michael P. Hartung, by Kristine Murphy as attorney-in-fact
Stock symbol
FLEX
Transactions as of
May 9, 2025
Transactions value $
-$1,350,909
Form type
4
Date filed
5/13/2025, 08:52 PM
Previous filing
Feb 7, 2025
Next filing
Jun 4, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hartung Michael P Chief Commercial Officer C/O FLEXTRONICS INTERNATIONAL USA, INC., 12515-8 RESEARCH BLVD, SUITE 300, AUSTIN /s/ Michael P. Hartung, by Kristine Murphy as attorney-in-fact 2025-05-13 0001820263

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLEX Ordinary Shares Award $0 +69.1K +29.6% $0.00 303K May 9, 2025 Direct F1
transaction FLEX Ordinary Shares Sale -$1.35M -32.2K -10.63% $41.99 270K May 13, 2025 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 1, 2022, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on March 31, 2025. The Issuer certified the achievement of the performance criterion, and the PSUs fully vested, on May 9, 2025, and were subject to applicable taxes upon delivery.
F2 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 PSUs.
F3 Price reflects weighted average sales price; actual sales prices ranged from $41.66 to $42.24. 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.
F4 Includes the following: (1) 23,043 unvested restricted share units ("RSUs"), which will vest on June 1, 2025; (2) 28,151 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; (3) 29,149 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2025; (4) 15,797 unvested RSUs, which will vest in three equal annual installments beginning on August 15, 2025; and (5) 72,578 unvested RSUs, which will vest on September 25, 2027.
F5 Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.