ONETTO MARC A 4
4 · FLEX LTD. · Filed Aug 6, 2021
Insider Transaction Report
Form 4
FLEX LTD.FLEX
ONETTO MARC A
Director
Transactions
- Gift
Ordinary Shares
2021-08-04−15,866→ 0 total - Award
Ordinary Shares
2021-08-04+10,475→ 10,475 total - Gift
Ordinary Shares
2021-08-04+15,866→ 125,274 total(indirect: By Trust)
Footnotes (3)
- [F1]Shares held by the 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 4, 2021, the Reporting Person was awarded a total of 10,475 restricted share units ("RSUs") pursuant to the terms of the annual equity award to Non-Management Directors under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more fully described in the section titled "Fiscal Year 2021 Non-Management Directors' Compensation" beginning on page 32 of the Issuer's Proxy Statement filed with the SEC on June 25, 2021. 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 2022 annual general meeting.
- [F3]Consists of 10,475 unvested RSUs which vest in full on the date immediately prior to the date of Issuer's 2022 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.