ONETTO MARC A 4
4 · FLEX LTD. · Filed Aug 17, 2018
Insider Transaction Report
Form 4
FLEX LTD.FLEX
ONETTO MARC A
Director
Transactions
- Award
Ordinary Shares
2018-08-16+13,868→ 13,868 total - Gift
Ordinary Shares
2018-08-16−11,504→ 0 total - Gift
Ordinary Shares
2018-08-16+11,504→ 65,429 total(indirect: By Trust)
Footnotes (3)
- [F1]Shares held by MARC & SALLY ONETTO TTEES MARC & SALLY ONETTO LIVING TR DTD 6/7/99 of which Reporting Person and his spouse are co-trustees and co-beneficiaries.
- [F2]On August 16, 2018, the Reporting Person was awarded a total of 13,868 restricted share units (RSUs) pursuant to the terms of the annual equity award to non-employee directors under the Issuer's 2017 Equity Incentive Plan as more fully described in the section titled "Non-Management Directors' Compensation for Fiscal Year 2018" beginning on page 26 of the Issuer's Proxy Statement filed with the SEC on July 5, 2018. Each RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited. The award shall vest in full on the date immediately prior to the date of Issuer's 2019 annual general meeting.
- [F3]Includes 13,868 unvested restricted share units (RSUs) which vest in full on the date immediately prior to the date of Issuer's 2019 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.