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 *
Lakkaraju Roop Kalyan
  2. Issuer Name and Ticker or Trading Symbol
SOLECTRON CORP [SLR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP & Interim CFO
(Last)
(First)
(Middle)
847 GIBRALTAR DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2007
(Street)

MILPITAS, CA 95035
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)
Code V Amount (A) or (D) Price
Common Stock 10/01/2007   D   52,819 D (1) 411,700 D  
Common Stock (2) 10/01/2007   D   15,000 D (1) 396,700 D  
Common Stock (3) 10/01/2007   D   5,400 D (1) 391,300 D  
Common Stock (4) 10/01/2007   D   39,000 D (1) 352,300 D  
Common Stock (5) 10/01/2007   D   52,300 D (1) 300,000 D  
Common Stock (6) 10/01/2007   D   300,000 D (1) 0 D  

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 3.49 10/01/2007   D     70,374   (7) 01/09/2017 Common Stock 70,374 (7) 0 D  
Incentive Stock Option (right to buy) $ 3.79 10/01/2007   D     42,438   (7) 06/30/2015 Common Stock 42,438 (7) 0 D  
Incentive Stock Option (right to buy) $ 5.09 10/01/2007   D     20,492   (8) 06/16/2014 Common Stock 20,492 (8) 0 D  
Incentive Stock Option (right to buy) $ 5.5 10/01/2007   D     15,000   (8) 07/16/2012 Common Stock 15,000 (8) 0 D  
Non-Qualified Stock Option (right to buy) $ 3.49 10/01/2007   D     33,626   (7) 01/09/2017 Common Stock 33,626 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 3.79 10/01/2007   D     6,062   (9) 06/30/2015 Common Stock 6,062 (9) 0 D  
Non-Qualified Stock Option (right to buy) $ 5.09 10/01/2007   D     37,608   (8) 06/16/2014 Common Stock 37,608 (8) 0 D  
Non-Qualified Stock Option (right to buy) $ 5.27 10/01/2007   D     75,000   (8) 07/15/2013 Common Stock 75,000 (8) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Lakkaraju Roop Kalyan
847 GIBRALTAR DRIVE
MILPITAS, CA 95035
      Sr. VP & Interim CFO  

Signatures

 By: Todd DuChene For: Roop Kalyan Lakkaraju   10/03/2007
**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) Pursuant to the Agreement and Plan of Merger, dated as of June 4, 2007, (the "Merger Agreement"), by and among Flextronics International Ltd. ("Flextronics"), Saturn Merger Corp. and Solectron Corporation ("Solectron"), at the effective time of the merger contemplated therein, each outstanding share of Solectron's common stock was converted into the right to receive either 0.3450 of an ordinary share of Flextronics or $3.89 in cash, at each stockholder's election and subject to pro-ration as described in the Merger Agreement. Because the pro-ration calculations have not yet been completed as of the date of this filing, it is not possible to determine the exact amount of merger consideration to be received by the reporting person for each share of Solectron common stock disposed of in the merger.
(2) The shares were subject to the following vesting terms: The shares fully vests on May 22, 2008, subject to accellerated vesting upon the attainment of certain Solectron targets. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms.
(3) The shares were subject to the following vesting terms: The shares vest annually as to 1/3 of the total shares commencing on the date of grant. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms.
(4) The shares were subject to the following vesting terms: Commencing on the date of grant, the shares vest 25% on September 16, 2006, 25% on September 16, 2007, and 50% on September 16, 2008. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms.
(5) The shares were subject to the following vesting terms: 1/3 of the shares will vest on each of October 15, 2007, 2008, and 2009, provided, that, the 2009 tranche is subject to acceleration on either the 2007 or 2008 vesting dates upon achievement of Solectron performance targets in either fiscal year 2007 or 2008. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms.
(6) The shares were subject to the following vesting terms: 50% of the shares will vest on April 10, 2008 and 50% of the shares will vest on April 10, 2009, subject to 100% vesting acceleration if the officer's employment is terminated by the Company without "cause" or the officer resigned for "good reason" within 12 months following a Change in Control. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms.
(7) This option, which was has not completely vested, was assumed by Flextronics in the merger and replaced with an option for a number of ordinary shares of Flextronics determined by multiplying the number of Solectron shares underlying the option by .3450, and with an exercise price divided by .3450.
(8) Immediately prior to the effective time of the merger, the options became fully vested and were cancelled to the extent unexercised.
(9) This option, which was vested, was assumed by Flextronics in the merger and replaced with an option for a number of ordinary shares of Flextronics determined by multiplying the number of Solectron shares underlying the option by .3450, and with an exercise price divided by .3450.

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