0001140361-23-033426.txt : 20230706
0001140361-23-033426.hdr.sgml : 20230706
20230706163034
ACCESSION NUMBER: 0001140361-23-033426
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230703
FILED AS OF DATE: 20230706
DATE AS OF CHANGE: 20230706
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FLEX LTD.
CENTRAL INDEX KEY: 0000866374
STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672]
STATE OF INCORPORATION: U0
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41617
FILM NUMBER: 231073990
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 NAME:
FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD.
DATE OF NAME CHANGE: 20060608
FORMER NAME:
FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD
DATE OF NAME CHANGE: 19940318
FORMER NAME:
FORMER CONFORMED NAME: FLEX HOLDINGS PTE LTD
DATE OF NAME CHANGE: 19940201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nextracker Inc.
CENTRAL INDEX KEY: 0001852131
STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 6200 PASEO PADRE PARKWAY
CITY: FREMONT
STATE: CA
ZIP: 94555
BUSINESS PHONE: 510-270-2500
MAIL ADDRESS:
STREET 1: 6200 PASEO PADRE PARKWAY
CITY: FREMONT
STATE: CA
ZIP: 94555
FORMER COMPANY:
FORMER CONFORMED NAME: Nextracker LLC
DATE OF NAME CHANGE: 20220215
FORMER COMPANY:
FORMER CONFORMED NAME: Nextracker Inc.
DATE OF NAME CHANGE: 20210318
4
1
form4.xml
X0407
4
2023-07-03
0001852131
Nextracker Inc.
NXT
0000866374
FLEX LTD.
2 CHANGI SOUTH LANE
SINGAPORE
U0
486123
SINGAPORE
true
false
Class B Common Stock
2023-07-03
4
D
0
14025000
35.3138
D
Class A Common Stock
14025000
60146905
I
By Yuma, Inc.
Class B Common Stock
Class A Common Stock
14285714
14285714
I
By Yuma Subsidiary, Inc.
Each share of Class B Common Stock is paired with one common unit of Nextracker LLC ("LLC Common Unit" and, together with the paired Class B Common Stock, the "Paired Interest"). Pursuant to the Exchange Agreement by and among the Issuer, Nextracker LLC and the holders of LLC Common Units, each Paired Interest is exchangeable into one share of Class A common stock (or, at the Issuer's election, cash based on the exchange rate in the Exchange Agreement and the value of the Class A common stock at the time of the exchange), subject to the terms of the Exchange Agreement. Upon an exchange of Paired Interests for Class A common stock, the corresponding Class B common stock will be cancelled. The Paired Interests have no expiration date.
The sole shareholder of Yuma, Inc. is Flextronics International USA, Inc., an indirect, wholly-owned subsidiary of the Reporting Person.
The sole shareholder of Yuma Subsidiary, Inc. is Yuma, Inc., an indirect, wholly-owned subsidiary of the Reporting Person.
In connection with closing of the Issuer's underwritten offering on July 3, 2023, the Issuer purchased these Paired Interests from Yuma, Inc., in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(e) thereunder.
The exact price, $35.31375, has been rounded due to the character limitations of Column 8.
/s/ Paul R. Lundstrom, Chief Financial Officer of Flex Ltd.
2023-07-06