0001628280-24-001744.txt : 20240118
0001628280-24-001744.hdr.sgml : 20240118
20240118212925
ACCESSION NUMBER: 0001628280-24-001744
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240116
FILED AS OF DATE: 20240118
DATE AS OF CHANGE: 20240118
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tan Lay Koon
CENTRAL INDEX KEY: 0001543262
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23354
FILM NUMBER: 24543581
MAIL ADDRESS:
STREET 1: C/O STATS CHIPPAC LTD.
STREET 2: 10 ANG MO KIO ST 65 TECHPOINT #05-17/20
CITY: SINGAPORE
STATE: U0
ZIP: 569059
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FLEX LTD.
CENTRAL INDEX KEY: 0000866374
STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672]
ORGANIZATION NAME: 04 Manufacturing
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
wk-form4_1705631356.xml
FORM 4
X0508
4
2024-01-16
0
0000866374
FLEX LTD.
FLEX
0001543262
Tan Lay Koon
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12455G RESEARCH BLVD
AUSTIN
TX
78759
1
0
0
0
0
Ordinary Shares
2024-01-16
4
A
0
1154
0
A
245961
D
On January 16, 2024, the Reporting Person was awarded a total of 1,154 restricted share units ("RSUs") pursuant to the terms of the Issuer's Share Election Program whereby directors elect to receive equity in lieu of cash compensation and as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The award was granted for the quarterly period from 10/01/2023 to 12/31/2023. The award vested immediately upon grant.
Includes 9,601 unvested RSUs, which vest in full on the date immediately prior to the date of Issuer's 2024 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.
In connection with the disposition of all remaining shares of Class B Common Stock of Nextracker Inc. ("Nextracker") owned indirectly by the Issuer, effective January 2, 2024 (the "Spin-Off"), and in accordance with the terms of the Second Amended and Restated Employee Matters Agreement by and among the Issuer and the other parties thereto, the number of the Issuer's Ordinary Shares ("Shares") underlying the Reporting Person's RSUs were adjusted to preserve their economic value post-Spin-Off. As a result, the balance reported in this Column 5 includes an additional 2,183 RSUs. Such adjustment is exempt from Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act") pursuant to Rule 16a-9 under the Exchange Act. The award will continue to vest on its original schedule and otherwise has substantially the same terms and conditions as the original award.
/s/ Tan Lay Koon, by Kristine Murphy as attorney-in-fact
2024-01-18