SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Schiff Carrie (Last) (First) (Middle) C/O FLEXTRONICS INTERNATIONAL USA, INC. 2090 FORTUNE DRIVE (Street) SAN JOSE CA 95131 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 05/01/2007	3. Issuer Name and Ticker or Trading Symbol FLEXTRONICS INTERNATIONAL LTD. [ FLEX ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Senior VP and General Counsel	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares(1)	3,000	D
Ordinary Shares(2)	50,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(3)	09/21/2011	Ordinary Shares	16,250	$13.98	D
Employee Stock Option (right to buy)	(3)	07/01/2012	Ordinary Shares	4,167	$5.88	D
Employee Stock Option (right to buy)	(4)	07/01/2013	Ordinary Shares	10,000	$10.34	D
Employee Stock Option (right to buy)	(3)	01/09/2014	Ordinary Shares	75,000	$16.57	D
Employee Stock Option (right to buy)	(3)	09/28/2014	Ordinary Shares	15,000	$13.98	D
Employee Stock Option (right to buy)	(3)	01/17/2015	Ordinary Shares	3,750	$13.98	D
Employee Stock Option (right to buy)	(5)	05/02/2015	Ordinary Shares	40,000	$11.1	D

Explanation of Responses:

1. Represents a share bonus award (a contingent right to receive Ordinary Shares), which will vest on July 1, 2007.

2. Represents a share bonus award (a contingent right to receive Ordinary Shares), which vests in five equal installments beginning on April 13, 2007.

3. The option is immediately exercisable and fully vested as of May 1, 2007.

4. As of May 1, 2007, 9,583 of the shares are vested and exercisable. The remaining shares vest and become exercisable in equal monthly installments through July 1, 2007.

5. As of May 1, 2007, 19,167 of the shares are vested and exercisable. The remaining shares vest and become exercisable in equal monthly installments through May 2, 2009.

	/s/ Carrie Schiff	05/03/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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