Flex Ltd.

08/16/2024 | Press release | Distributed by Public on 08/16/2024 18:43

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
MARTINEZ JAIME
2. Issuer Name and Ticker or Trading Symbol
FLEX LTD. [FLEX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Interim CFO /
(Last) (First) (Middle)
C/O FLEXTRONICS INTERNATIONAL USA, INC. , 12455G RESEARCH BLVD
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
AUSTIN TX 78759
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MARTINEZ JAIME
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12455G RESEARCH BLVD
AUSTIN, TX78759


Interim CFO

Signatures

/s/ Jaime Martinez, by Kristine Murphy as attorney-in-fact 2024-08-16
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Consists of 9,478 unvested restricted share units ("RSUs"), which will vest in two equal annual installments beginning on August 15, 2025.
(2) Consists of the following: (1) 4,546 unvested restricted share units ("RSUs"), which will vest on June 10, 2025; (2) 7,194 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; (3) 7,391 unvested RSUs, which will vest in two equal annual installments beginning on June 15, 2025; and (4) 9,478 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2025. Each unvested RSU represents a contingent right to receive on unrestricted, full transferable share for each vested RSU which has not been previously forfeited.
(3) Includes the following: (1) 1,746 unvested RSUs, which will vest on June 10, 2025; (2) 2,971 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (3) 2,731 unvested RSUs, which will vest in two equal annual installments beginning on June 15, 2025. Each unvested RSU represents a contingent right to receive on unrestricted, full transferable share for each vested RSU which has not been previously forfeited.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.