Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-19-059152
Date:2019-12-03
Issuer: FLEX LTD. (FLEX)
Original Submission Date:

Reporting Person:

OFFER DAVID SCOTT
C/O FLEXTRONICS INTERNATIONAL USA, INC.
6201 AMERICA CENTER DRIVE SAN JOSE, CA 95002

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
ORDINARY SHARES 2019-12-03 S 48,262 d $11.39 643,100 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the sale reported in this form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with thevesting of restricted share units ("rsus").
f2 price reflects weighted average purchase price; actual purchase prices ranged from $11.31 to $11.525. 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 orsold at each separate price.
f3 includes the following: (1) 45,000 unvested rsus, which will vest on november 30, 2020; (2) 26,775 unvested rsus, which will vest in two equal annual installments beginning on june 29, 2020; (3) 39,282 unvested rsus, which will vest in three equal annual installments beginning on june 19, 2020; (4) 91,146 unvested rsus, which will vest in four equal annual installments beginning on june 11, 2020; (5) 59,453 unvested rsus, which will vest upon achievement of performance conditions; and (6) 242,718 unvested rsus, which will vest on march 5, 2021.
f4 each unvested rsu represents a contingent right to receive one unrestricted, fully transferable share for each vested rsu which has not previously forfeited.
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