June 17, 2024 · Form 4 insider transaction
WENDLER DANIEL sold 1,275 shares of Flex Ltd. at $31.30 per share, a transaction worth $39.9K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
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 restricted share units ("RSUs").; Price reflects weighted average sales price; actual sales prices ranged from $31.13 to $31.45. 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) 4,303 unvested RSUs, which will vest on March 9, 2025; (2) 4,161 unvested RSUs, which will vest on June 1, 2025; (3) 6,725 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (4) 6,477 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.