Li Jennifer 4
4 · FLEX LTD. · Filed Jan 17, 2019
Insider Transaction Report
Form 4
FLEX LTD.FLEX
Li Jennifer
Director
Transactions
- Award
Ordinary Shares
2019-01-15+1,419→ 22,906 total - Award
Ordinary Shares
2019-01-15+236→ 23,142 total - Sale
Ordinary Shares
2019-01-17$7.91/sh−76$601→ 23,066 total
Footnotes (4)
- [F1]On Janaury 15, 2019, the Reporting Person was awarded a total of 1,655 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 10/1/2018 to 12/31/2018. 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 RSUs.
- [F3]Price reflects weighted average sales price; actual sales prices ranged from $7.84 to $7.965. 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 13,868 unvested 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.