Form 4 for FLEX Flex Ltd.
Accepted 2023-06-16 00:00:00 ET · period of report 2023-06-14 · accession 0001209191-23-038206 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-06-16 | 2023-06-14+ | FLEX | Tan Kwang Hooi | Group Pres | S - Sale | $26.63 | -37.2K | 156.4K | -19% | -$991.1K |
| 2023-06-16 | 2023-06-14 | FLEX | Tan Kwang Hooi | Group Pres | A - Grant | $0.00 | +37.5K | 186.4K | +25% | $0 |
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 | 2023-06-16 | S | D | 1,791 | $26.81 | 149,228 | D | — | — | (F7) Price reflects weighted average sales price; actual sales prices ranged from $26.67 to $26.955. 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. (F9) Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited. (F8) Includes the following: (1) 9,461 unvested RSUs, which will vest on June 19, 2023; (2) 35,608 unvested RSUs, which will vest in two equal annual installments beginning on June 1, 2024; (3) 6,842 unvested RSUs, which will vest on June 14, 2024; and (4) 37,537 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024. |
| 2 | Common | Ordinary Shares | 2023-06-16 | S | D | 1,811 | $26.80 | 151,019 | D | — | — | (F6) Price reflects weighted average sales price; actual sales prices ranged from $26.72 to $26.995. 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. |
| 3 | Common | Ordinary Shares | 2023-06-15 | S | D | 1,800 | $26.69 | 152,830 | D | — | — | (F5) Price reflects weighted average sales price; actual sales prices ranged from $26.39 to $26.805. 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. |
| 4 | Common | Ordinary Shares | 2023-06-15 | S | D | 1,820 | $26.65 | 154,630 | D | — | — | (F4) Price reflects weighted average sales price; actual sales prices ranged from $26.59 to $26.805. 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. |
| 5 | Common | Ordinary Shares | 2023-06-14 | S | D | 30,000 | $26.60 | 156,450 | D | — | — | (F2) Price reflects weighted average sales price; actual sales prices ranged from $26.30 to $26.81. 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. |
| 6 | Common | Ordinary Shares | 2023-06-14 | A | A | 37,537 | $0.00 | 186,450 | D | — | — | (F1) Consists of 37,537 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 14, 2024. |