X0306 4 2018-08-16 0 0000866374 FLEX LTD. FLEX 0001233433 WATKINS WILLIAM D C/O FLEXTRONICS INTERNATIONAL USA, INC. 6201 AMERICA CENTER DRIVE SAN JOSE CA 95002 1 0 0 0 Ordinary Shares 2018-08-16 4 A 0 13868 0.00 A 46598 D On August 16, 2018, the Reporting Person was awarded a total of 13,868 restricted share units (RSUs) pursuant to the terms of the annual equity award to non-employee directors under the Issuer's 2017 Equity Incentive Plan as more fully described in the section titled "Non-Management Directors' Compensation for Fiscal Year 2018" beginning on page 26 of the Issuer's Proxy Statement filed with the SEC on July 5, 2018. Each RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited. The award shall vest in full on the date immediately prior to the date of Issuer's 2019 annual general meeting. Includes 13,868 unvested restricted share units (RSUs) which vest in full on the date immediately prior to the date of Issuer's 2019 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited. These shares are held by the Denise P. Watkins u/a/d 01-0701994 William D. Watkins Trustee of Watkins Family Trust, of which the Reporting Person and his spouse are co-trustees and co-beneficiaries. /s/ William D. Watkins, by Timothy Stewart as attorney-in-fact 2018-08-17