Form 4 for FLEX Flex Ltd.
Accepted 2023-06-16 00:00:00 ET · period of report 2023-06-14 · accession 0001209191-23-038192 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-06-16 | 2023-06-14 | FLEX | Advaithi Revathi | CEO, Dir | A - Grant | $0.00 | +197.1K | 1.85M | +12% | $0 | |
| 2023-06-16 | 2023-06-14 | FLEX | Advaithi Revathi | CEO, Dir | S - Sale | $26.62 | -24.3K | 1.83M | -1% | -$645.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2023-06-14 | A | A | 197,072 | $0.00 | 1,849,522 | D | — | — | (F1) Consists of 197,072 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 14, 2024. |
| 2 | Common | Ordinary Shares | 2023-06-14 | S | D | 24,254 | $26.62 | 1,825,268 | D | — | — | (F3) Price reflects weighted average sales price; actual sales prices ranged from $26.30 to $26.795. 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 the following: (1) 197,824 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024; (2) 86,901 unvested RSUs, which will vest on June 9, 2024; and (3) 197,072 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024. (F5) Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited. |