Collier Christopher 4
4 · FLEX LTD. · Filed Jun 13, 2019
Insider Transaction Report
Form 4
FLEX LTD.FLEX
Collier Christopher
Chief Accounting Officer
Transactions
- Sale
Ordinary Shares
2019-06-11$9.61/sh−12,890$123,839→ 1,118,171 total - Award
Ordinary Shares
2019-06-11+146,693→ 1,264,864 total
Footnotes (5)
- [F1]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").
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $9.48 to $9.77. 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.
- [F3]Consists of 146,693 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020.
- [F4]Includes the following: (1) 48,428 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2019; (2) 63,112 unvested RSUs, which will vest in three equal annual installments beginning on June 29, 2019; (3) 82,306 unvested RSUs, which will vest in four equal annual installments beginning on June 19, 2019; (4) 146,693 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020; (5) 59,453 unvested RSUs, which will vest upon achievement of performance conditions; and (6) 242,718 unvested RSUs, which will vest on March 5, 2021.
- [F5]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.