0001628280-24-028172.txt : 20240613
0001628280-24-028172.hdr.sgml : 20240613
20240613203623
ACCESSION NUMBER: 0001628280-24-028172
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240611
FILED AS OF DATE: 20240613
DATE AS OF CHANGE: 20240613
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lundstrom Paul
CENTRAL INDEX KEY: 0001688179
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23354
FILM NUMBER: 241042774
MAIL ADDRESS:
STREET 1: 222 N. SEPULVEDA BLVD., SUITE 500
CITY: EL SEGUNDO
STATE: CA
ZIP: 90245
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_1718325375.xml
FORM 4
X0508
4
2024-06-11
0
0000866374
FLEX LTD.
FLEX
0001688179
Lundstrom Paul
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12455G RESEARCH BLVD
AUSTIN
TX
78759
0
1
0
0
Chief Financial Officer
0
Ordinary Shares
2024-06-11
4
A
0
63293
0
A
345171
D
Ordinary Shares
2024-06-12
4
S
0
29041
32.1304
D
316130
D
Ordinary Shares
2024-06-12
4
A
0
38708
0
A
354838
D
On June 9, 2021, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on June 10, 2024. The Issuer certified the achievement of the performance criterion on June 11, 2024, and the PSUs were subject to applicable taxes upon delivery.
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 PSUs.
Price reflects weighted average sales price; actual sales prices ranged from $31.79 to $32.71. 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.
Consists of 38,708 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 12, 2025.
Includes the following: (1) 60,121 unvested RSUs, which will vest in three equal annual installments beginning on June 14, 2024; (2) 31,684 unvested RSUs, which will vest on June 1, 2025; and (3) 38,708 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025.
Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
/s/ Paul Lundstrom, by Kristine Murphy as attorney-in-fact
2024-06-13