Accession Number: | 0001209191-21-041225 |
Date: | 2021-06-15 |
Issuer: | FLEX LTD. (FLEX) |
Original Submission Date: |
HARTUNG MICHAEL P
C/O FLEXTRONICS INTERNATIONAL USA, INC.
6201 AMERICA CENTER DRIVE
SAN JOSE, CA 95002
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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ORDINARY SHARES | 2021-06-15 | S | 5,440 | d | $18.05 | 132,276 | direct |
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 Exercisable | Expiration 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 |
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ID | footnote |
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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 $17.94 to $18.28. 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) 36,833 unvested rsus, which will vest in two equal annual installments beginning on june 3, 2022; (2) 48,024 unvested rsus, which will vest in three equal annual installments beginning on june 9, 2022; (3) 3,569 unvested rsus, which will vest on june 14, 2022; (4) 14,519 unvested rsus, which will vest in two equal annual installments beginning on june 14, 2022; and (5) 3,443 unvested rsus, which will vest on june 29, 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. |