Form 4 for FLEX Flex Ltd.
Accepted 2024-09-11 00:00:00 ET · period of report 2024-09-10 · accession 0001628280-24-040178 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-09-11 | 2024-09-10 | FLEX | Advaithi Revathi | CEO, Dir | G - Gift | $0.00 | -825.0K | 1.23M | -40% | $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 | 2024-09-10 | G | D | 825,000 | $0.00 | 1,232,473 | D | — | — | (F1) Amount gifted for estate planning purposes to an irrevocable trust that was established for the benefit of Reporting Person's children. Reporting Person has no pecuniary interest in, or voting or dispositive power with respect to, the shares gifted to the trust. (F2) Includes the following: (1) 128,017 unvested restricted share units ("RSUs"), which will vest on June 1, 2025; (2) 164,216 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (3) 170,042 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2025. (F3) Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited. |