June 17, 2024 · Form 4 insider transaction
Tan Kwang Hooi sold 9,015 shares of Flex Ltd. at $31.30 per share, a transaction worth $282.1K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
This sale reported in this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs").; Price reflects weighted average sales price; actual sales prices ranged from $31.13 to $31.41. 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) 23,043 unvested RSUs, which will vest on June 1, 2025; (2) 35,971 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (3) 32,389 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 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.