Edgar Filing: Lim Linda Y.C.

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, 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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Lim Linda Y.C.

2. Issuer Name and Ticker or Trading Symbol
MULTI FINELINE ELECTRONIX INC [MFLX]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

3140 E. CORONADO STREET

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2012

(Street)

ANAHEIM, CA 92806

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/05/2012		M		2,499	A	$ 0 ⁽¹⁾	15,916	I	See Footnote ⁽²⁾
Common Stock	03/05/2012		M		357	A	$ 0 ⁽¹⁾	16,273	I	See Footnote ⁽²⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Unit ⁽³⁾

⁽³⁾

03/05/2012

2,499

⁽⁴⁾

Common Stock

2,499

$ 0

Restricted Stock Unit ⁽³⁾

⁽³⁾

03/05/2012

357

⁽⁴⁾

Common Stock

357

$ 0

Restricted Stock Unit ⁽³⁾

⁽³⁾

03/06/2012

2,649

⁽⁵⁾

Common Stock

2,649

$ 0

2,649

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Lim Linda Y.C. 3140 E. CORONADO STREET ANAHEIM, CA 92806	X

Signatures

/s/ Richard J. Tilley, Attorney-in-Fact for Linda Y. C. Lim, Ph.D.		03/06/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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)	Acquired pursuant to the vesting of restricted stock units ("RSUs") granted on March 10, 2011 with no exercise price.
(2)	By the Linda Yuen-Ching Lim Gosling Trust U/A DTD 06-06-1994 (the "Trust"). The reporting person is the trustee of the Trust and disclaims beneficial ownership of the securities held by the Trust, except to the extent of her pecuniary interest therein.
(3)	Each RSU represents a contingent right to receive one share of MFLX common stock or the cash equivalent based on the date of vesting.
(4)	RSUs vested on March 5, 2012.
(5)	One hundred percent of the units vest on March 5, 2013, provided that such units shall vest in full prior to the next regular annual meeting of the Company's stockholders if such meeting occurs prior to March 5, 2013. Vested shares will be delivered to the reporting person upon vesting, subject to certain exceptions.

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