FLEXTRONICS INTERNATIONAL LTD. 4
4 · FLEXTRONICS INTERNATIONAL LTD. · Filed May 25, 2016
Insider Transaction Report
Form 4
HOAK JONATHAN S
EVP, General Counsel
Transactions
- Award
Oridnary Shares
2016-05-23+144,750→ 385,408 total - Sale
Ordinary Shares
2016-05-24$12.46/sh−7,072$88,117→ 378,336 total - Sale
Ordinary Shares
2016-05-25$12.47/sh−67,860$846,017→ 310,476 total
Footnotes (5)
- [F1]On 5/21/2013, 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 next business day following the third anniversary of the date of grant, subject to applicable taxes upon delivery.
- [F2]Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company incident to vesting of restricted stock share award.
- [F3]Price reflects weighted average sales price; actual sales prices ranged from $12.20 to $12.575. 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) 18,750 unvested Restricted Stock Units, which will vest on May 21, 2017; (2) 37,543 unvested Restricted Stock Units, which will vest in three equal annual installments beginning on June 26, 2016; and (3) 53,719 unvested Restricted Stock Units, which will vest in four equal annual installments beginning on June 10, 2016.
- [F5]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.