FLEXTRONICS INTERNATIONAL LTD. 4
4 · FLEXTRONICS INTERNATIONAL LTD. · Filed May 20, 2015
Insider Transaction Report
Form 4
HOAK JONATHAN S
EVP, General Counsel
Transactions
- Award
Ordinary Shares
2015-05-18+103,500→ 324,830 total - Sale
Ordinary Shares
2015-05-19$12.57/sh−7,622$95,809→ 317,208 total
Footnotes (4)
- [F1]On 05/17/2012, the Reporting Person was awarded a number of performance-based restricted stock units (RSUs), within a preset range, with the actual number contingent upon the achievement of a certain performance criterion. If the performance criterion is achieved, the RSUs granted vest on the third anniversary of the date of grant, subject to applicable taxes upon delivery.
- [F2]Includes disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company incident to vesting of restricted stock share award.
- [F3]Includes the following: (1) 10,000 unvested Restricted Share Units, which will vest on June 3, 2015; (2) 18,750 unvested Restricted Share Units, which will vest May 17, 2016; (3) 56,250 unvested Restricted Share Units, which will vest in three equal annual installments beginning on May 21, 2015; and (4) 50,057 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 26, 2015.
- [F4]Each unvested Restricted Stock Unit represents a contingent right to receive one unrestricted, fully transferable share for each vested Restricted Stock Unit which has not previously forfeited.