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 *
Britt Douglas
  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)
Executive Vice President
(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)
10/03/2007
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 (1) 10/01/2007   D   3,333 D (2) 881,500 D  
Common Stock (3) 10/01/2007   D   10,000 D (2) 871,500 D  
Common Stock (4) 10/01/2007   D   146,500 D (2) 725,000 D  
Common Stock (5) 10/01/2007   D   125,000 D (2) 600,000 D  
Common Stock (6) 10/01/2007   D   300,000 D (2) 300,000 D  
Common Stock (6) 10/01/2007   D   300,000 D (2) 0 D  

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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) $ 5.09 10/01/2007   D     4,206   (7) 06/16/2014 Common Stock 4,206 (7) 0 D  
Incentive Stock Option (right to buy) $ 10.29 10/01/2007   D     4,500   (7) 09/20/2011 Common Stock 4,500 (7) 900 D  
Incentive Stock Option (right to buy) $ 10.29 10/01/2007   D     900   (7) 09/20/2011 Common Stock 900 (7) 0 D  
Incentive Stock Option (right to buy) $ 18.13 10/01/2007   D     438   (7) 06/28/2008 Common Stock 438 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 3.49 10/01/2007   D     250,000   (8) 01/09/2017 Common Stock 250,000 (8) 0 D  
Non-Qualified Stock Option (right to buy) $ 3.76 10/01/2007   D     200,000   (9) 07/12/2015 Common Stock 200,000 (9) 0 D  
Non-Qualified Stock Option (right to buy) $ 5.09 10/01/2007   D     53,894   (7) 06/16/2014 Common Stock 53,894 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 5.78 10/01/2007   D     17,967   (7) 07/13/2014 Common Stock 17,967 (7) 168,333 D  
Non-Qualified Stock Option (right to buy) $ 5.78 10/01/2007   D     168,333   (7) 07/13/2014 Common Stock 168,333 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 6.05 10/01/2007   D     60,000   (7) 09/12/2013 Common Stock 60,000 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 10.29 10/01/2007   D     19,500   (7) 09/20/2011 Common Stock 19,500 (7) 3,900 D  
Non-Qualified Stock Option (right to buy) $ 10.29 10/01/2007   D     3,900   (7) 09/20/2011 Common Stock 3,900 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 18.13 10/01/2007   D     3,062   (7) 06/28/2008 Common Stock 3,062 (7) 0 D  
Non-Qualified Stock Option (right to buy) $ 39.19 10/01/2007   D     5,000   (7) 01/17/2008 Common Stock 5,000 (7) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Britt Douglas
847 GIBRALTAR DRIVE
MILPITAS, CA 95035
      Executive Vice President  

Signatures

 By: Todd DuChene For: Douglas Britt   10/11/2007
**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) Disposed of 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"), in exchange for 1,019 shares of Flextronics Common Stock and a cash payment of $1,470.42.
(2) 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.
(3) The shares were subject to the following vesting terms: The shares will vest 100% on September 12, 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.
(4) The shares were subject to the following vesting terms: Commencing on the date of grant, the shares vest 25% on September 6, 2006, 25% on September 6, 2007, and 50% on September 6, 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:100% of the shares will vest on October 15, 2008, subject to 100% vesting acceleration if the officer's employment is terminated by the Company without "cause" prior to October 15, 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.
(7) Immediately prior to the effective time of the merger, the options became fully vested and were cancelled to the extent unexercised.
(8) This option, which was subject to monthly vesting as to 1/48th of the total shares commencing on August 26, 2006, 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 determined by dividing the exercise price of the Solectron option by .3450.
(9) This option, which was subject to monthly vesting as to 1/48th of the total shares commencing on April 18, 2005, 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 determined by dividing the exercise price of the Solectron option by .3450.

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