Accession Number: | 0001209191-20-037096 |
Date: | 2020-06-12 |
Issuer: | FLEX LTD. (FLEX) |
Original Submission Date: |
ADVAITHI REVATHI
C/O FLEXTRONICS INTERNATIONAL USA, INC.
6201 AMERICA CENTER DRIVE
SAN JOSE, CA 95002
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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ORDINARY SHARES | 2020-06-12 | S | 46,523 | d | $10.53 | 862,164 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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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 $10.275 to $10.67. 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 | includes the following: (1) 130,208 unvested rsus, which will vest in two equal annual installments beginning on february 11, 2021; (2) 292,969 unvested rsus, which will vest in three equal annual installments beginning on june 11, 2021; and (3) 345,304 unvested rsus, which will vest in three equal annual installments beginning on june 3, 2021. |
f4 | each unvested rsu represents a contingent right to receive one unrestricted, fully transferrable share for each vested rsu which has not been previously forfeited. |