0001209191-20-004259.txt : 20200121
0001209191-20-004259.hdr.sgml : 20200121
20200121161917
ACCESSION NUMBER: 0001209191-20-004259
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180614
FILED AS OF DATE: 20200121
DATE AS OF CHANGE: 20200121
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: 20536592
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
2018-06-14
0
0000866374
FLEX LTD.
FLEX
0001330988
Britt Douglas
6201 AMERICA CENTER DRIVE
SAN JOSE
CA
95002
0
1
0
0
President
Ordinary Shares
2018-06-14
4
A
0
2855
0.00
A
8543
I
By Spouse
Ordinary Shares
2018-09-04
4
S
0
681
13.65
D
7862
I
By Spouse
Ordinary Shares
2019-06-14
4
A
0
4424
0.00
A
12286
I
By Spouse
Ordinary Shares
2019-06-17
4
S
0
294
8.96
D
11992
I
By Spouse
Ordinary Shares
2020-01-16
4
S
0
15184
13.3942
D
752467
D
Consists of 2,855 unvested restricted share units ("RSUs") acquired by spouse of Reporting Person, which will vest in four equal annual installments beginning on June 14, 2019.
The sale reported in this Form 4 represents shares sold by spouse of Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
Consists of 4,424 unvested RSUs acquired by spouse of Reporting Person, which will vest in four equal annual installments beginning on June 14, 2020.
6,566 unvested RSUs were forfeited when Reporting Person's spouse departed Flex in October 2019.
The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
The sale reported in this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
Price reflects weighted average sales price; actual sales prices ranged from $13.315 to $13.46. 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.
Includes the following: (1) 19,501 unvested RSUs, which will vest on June 14, 2020; (2) 33,660 unvested RSUs, which will vest in two equal annual installments beginning on June 29, 2020; (3) 57,675 unvested RSUs, which will vest in three equal annual installments beginning on June 19, 2020; (4) 113,747 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020; (5) 29,727 unvested RSUs, which will vest upon achievement of stock price performance conditions; and (6) 388,349 unvested RSUs, which will vest on March 5, 2021.
Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.
/s/ Douglas Britt, by Heather Childress as attorney-in-fact
2020-01-21