0001209191-18-062140.txt : 20181211
0001209191-18-062140.hdr.sgml : 20181211
20181211212242
ACCESSION NUMBER: 0001209191-18-062140
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181207
FILED AS OF DATE: 20181211
DATE AS OF CHANGE: 20181211
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Britt Douglas
CENTRAL INDEX KEY: 0001330988
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23354
FILM NUMBER: 181229929
MAIL ADDRESS:
STREET 1: 1500 WEST UNIVERSITY PARKWAY
CITY: SARASOTA
STATE: FL
ZIP: 34243
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FLEX LTD.
CENTRAL INDEX KEY: 0000866374
STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672]
IRS NUMBER: 000000000
STATE OF INCORPORATION: U0
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 2 CHANGI SOUTH LANE
CITY: SINGAPORE
STATE: U0
ZIP: 486123
BUSINESS PHONE: (65) 6876-9899
MAIL ADDRESS:
STREET 1: 2 CHANGI SOUTH LANE
CITY: SINGAPORE
STATE: U0
ZIP: 486123
FORMER COMPANY:
FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD.
DATE OF NAME CHANGE: 20060608
FORMER COMPANY:
FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD
DATE OF NAME CHANGE: 19940318
FORMER COMPANY:
FORMER CONFORMED NAME: FLEX HOLDINGS PTE LTD
DATE OF NAME CHANGE: 19940201
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-12-07
0
0000866374
FLEX LTD.
FLEX
0001330988
Britt Douglas
6201 AMERICA CENTER DRIVE
SAN JOSE
CA
95002
0
1
0
0
President
Ordinary Shares
2018-12-07
4
A
0
59453
0.00
A
303458
D
Ordinary Shares
5444
I
By Spouse
Consists of 59,453 Restricted Share Units ("RSUs") which will vest subject to the Reporting Person's continued employment through the applicable measurement date and upon achievement of performance conditions as follows: (i) 50% of the RSUs will vest if the closing trading price of the ordinary shares exceeds $12.00 (the "Hurdle Price") for any 20 consecutive trading days during the period between the first and second anniversaries of the date of grant, and (ii) 50% of the RSUs will vest if the closing trading price of the ordinary shares exceeds the Hurdle Price for any 20 consecutive trading days during the period between the second and third anniversaries of the date of grant; provided that if the RSUs do not vest under (i), 100% of the RSUs will vest if the conditions in (ii) are satisfied.
Includes the following: (1) 20,661 unvested RSUs, which will vest on June 10, 2019; (2) 39,002 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2019; (3) 50,490 unvested RSUs, which will vest in three equal annual installments beginning on June 29, 2019; (4) 76,899 unvested RSUs, which will vest in four equal annual installments beginning on June 19, 2019; and (5) 59,453 unvested RSUs, which will vest as provided in footnote 1 above.
Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.
Includes 2,855 unvested RSUs, which will vest in four equal annual installments beginning on June 14, 2019.
The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
/s/ Douglas Britt, by Heather Childress as attorney-in-fact
2018-12-11