Li Jennifer 4
4 · FLEX LTD. · Filed Oct 17, 2018
Insider Transaction Report
Form 4
FLEX LTD.FLEX
Li Jennifer
Director
Transactions
- Award
Ordinary Shares
2018-10-15+941→ 21,378 total - Sale
Ordinary Shares
2018-10-17$12.36/sh−48$593→ 21,487 total - Award
Ordinary Shares
2018-10-15+157→ 21,535 total
Footnotes (3)
- [F1]On October 15, 2018, the Reporting Person was awarded an aggregate total of 1,098 restricted share units (RSUs) pursuant to the terms of the Issuer's Share Election Program as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The awards were granted for the quarterly period from 7/1/2018 to 9/30/2018. The awards vested immediately upon grant.
- [F2]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).
- [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.