Sec Form 4 Filing - SYNNEX CORP @ Concentrix Corp - 2020-11-30

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SYNNEX CORP
2. Issuer Name and Ticker or Trading Symbol
Concentrix Corp [ CNXC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
44201 NOBEL DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
11/30/2020
(Street)
FREMONT, CA94538
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/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
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/30/2020 J( 1 ) 51,600,280 A $ 0 51,602,280 D
Common Stock 12/01/2020 J( 2 ) 51,602,280 D $ 0 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SYNNEX CORP
44201 NOBEL DRIVE
FREMONT, CA94538
X
Signatures
/s/ Simon Y. Leung, Senior Vice President, General Counsel and Corporate Secretary for SYNNEX Corporation 12/02/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )In connection with the separation of Concentrix Corporation ("Concentrix") from SYNNEX Corporation ("SYNNEX"), on November 30, 2020, Concentrix issued to SYNNEX, its sole stockholder, 51,600,280 shares of its common stock, par value $0.0001 per share.
( 2 )In connection with the spin-off of Concentrix by SYNNEX, on December 1, 2020, SYNNEX distributed 100% of the outstanding shares of common stock, $0.0001 par value, of Concentrix to the holders of record of SYNNEX common stock as of the close of business on November 17, 2020, the record date for the distribution.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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