diff --git a/Libraries/Components/Picker/AndroidDialogPickerNativeComponent.js b/Libraries/Components/Picker/AndroidDialogPickerNativeComponent.js
index 7bf18a9d551..9661522c15a 100644
--- a/Libraries/Components/Picker/AndroidDialogPickerNativeComponent.js
+++ b/Libraries/Components/Picker/AndroidDialogPickerNativeComponent.js
@@ -12,7 +12,11 @@
 
 import {requireNativeComponent} from 'react-native';
 
-import type {DirectEvent, Int32, WithDefault} from '../../Types/CodegenTypes';
+import type {
+  DirectEventHandler,
+  Int32,
+  WithDefault,
+} from '../../Types/CodegenTypes';
 import type {TextStyleProp} from '../../StyleSheet/StyleSheet';
 import type {ColorValue} from '../../StyleSheet/StyleSheetTypes';
 import type {NativeComponent} from '../../Renderer/shims/ReactNative';
@@ -39,7 +43,7 @@ type NativeProps = $ReadOnly<{|
   selected: WithDefault<Int32, 0>,
 
   // Events
-  onSelect?: (event: DirectEvent<PickerItemSelectEvent>) => void,
+  onSelect?: DirectEventHandler<PickerItemSelectEvent>,
 |}>;
 
 type ReactPicker = Class<NativeComponent<NativeProps>>;
diff --git a/Libraries/Components/Picker/AndroidDropdownPickerNativeComponent.js b/Libraries/Components/Picker/AndroidDropdownPickerNativeComponent.js
index 343cc1e76d2..61f4e1a5a2b 100644
--- a/Libraries/Components/Picker/AndroidDropdownPickerNativeComponent.js
+++ b/Libraries/Components/Picker/AndroidDropdownPickerNativeComponent.js
@@ -12,7 +12,11 @@
 
 import {requireNativeComponent} from 'react-native';
 
-import type {DirectEvent, Int32, WithDefault} from '../../Types/CodegenTypes';
+import type {
+  DirectEventHandler,
+  Int32,
+  WithDefault,
+} from '../../Types/CodegenTypes';
 import type {TextStyleProp} from '../../StyleSheet/StyleSheet';
 import type {ColorValue} from '../../StyleSheet/StyleSheetTypes';
 import type {NativeComponent} from '../../Renderer/shims/ReactNative';
@@ -39,7 +43,7 @@ type NativeProps = $ReadOnly<{|
   selected: WithDefault<Int32, 0>,
 
   // Events
-  onSelect?: (event: DirectEvent<PickerItemSelectEvent>) => void,
+  onSelect?: DirectEventHandler<PickerItemSelectEvent>,
 |}>;
 
 type ReactPicker = Class<NativeComponent<NativeProps>>;
diff --git a/Libraries/Components/RefreshControl/AndroidSwipeRefreshLayoutNativeComponent.js b/Libraries/Components/RefreshControl/AndroidSwipeRefreshLayoutNativeComponent.js
index fca375a5ca9..c1e366098dc 100644
--- a/Libraries/Components/RefreshControl/AndroidSwipeRefreshLayoutNativeComponent.js
+++ b/Libraries/Components/RefreshControl/AndroidSwipeRefreshLayoutNativeComponent.js
@@ -13,7 +13,7 @@
 import codegenNativeComponent from '../../Utilities/codegenNativeComponent';
 
 import type {
-  DirectEvent,
+  DirectEventHandler,
   Float,
   Int32,
   WithDefault,
@@ -56,7 +56,7 @@ type NativeProps = $ReadOnly<{|
   /**
    * Called when the view starts refreshing.
    */
-  onRefresh?: ?(event: DirectEvent<null>) => mixed,
+  onRefresh?: ?DirectEventHandler<null>,
 
   /**
    * Whether the view should be indicating an active refresh.
diff --git a/Libraries/Components/RefreshControl/PullToRefreshViewNativeComponent.js b/Libraries/Components/RefreshControl/PullToRefreshViewNativeComponent.js
index 906484dad62..1bfb10322a7 100644
--- a/Libraries/Components/RefreshControl/PullToRefreshViewNativeComponent.js
+++ b/Libraries/Components/RefreshControl/PullToRefreshViewNativeComponent.js
@@ -10,7 +10,7 @@
 
 'use strict';
 
-import type {DirectEvent, WithDefault} from '../../Types/CodegenTypes';
+import type {DirectEventHandler, WithDefault} from '../../Types/CodegenTypes';
 import type {ColorValue} from '../../StyleSheet/StyleSheetTypes';
 import type {ViewProps} from '../View/ViewPropTypes';
 
@@ -35,7 +35,7 @@ type NativeProps = $ReadOnly<{|
   /**
    * Called when the view starts refreshing.
    */
-  onRefresh?: ?(event: DirectEvent<null>) => mixed,
+  onRefresh?: ?DirectEventHandler<null>,
 
   /**
    * Whether the view should be indicating an active refresh.
diff --git a/Libraries/Components/SegmentedControlIOS/RCTSegmentedControlNativeComponent.js b/Libraries/Components/SegmentedControlIOS/RCTSegmentedControlNativeComponent.js
index 7638ed29bea..9105deddd2a 100644
--- a/Libraries/Components/SegmentedControlIOS/RCTSegmentedControlNativeComponent.js
+++ b/Libraries/Components/SegmentedControlIOS/RCTSegmentedControlNativeComponent.js
@@ -11,15 +11,17 @@
 
 import codegenNativeComponent from '../../Utilities/codegenNativeComponent';
 import type {ViewProps} from '../View/ViewPropTypes';
-import type {BubblingEvent, WithDefault, Int32} from '../../Types/CodegenTypes';
+import type {
+  BubblingEventHandler,
+  WithDefault,
+  Int32,
+} from '../../Types/CodegenTypes';
 import type {ColorValue} from '../../StyleSheet/StyleSheetTypes';
 
-export type OnChangeEvent = BubblingEvent<
-  $ReadOnly<{|
-    value: Int32,
-    selectedSegmentIndex: Int32,
-  |}>,
->;
+export type OnChangeEvent = $ReadOnly<{|
+  value: Int32,
+  selectedSegmentIndex: Int32,
+|}>;
 
 type NativeProps = $ReadOnly<{|
   ...ViewProps,
@@ -32,7 +34,7 @@ type NativeProps = $ReadOnly<{|
   momentary?: ?WithDefault<boolean, false>,
 
   // Events
-  onChange?: ?(event: OnChangeEvent) => mixed,
+  onChange?: ?BubblingEventHandler<OnChangeEvent>,
 |}>;
 
 export default codegenNativeComponent<NativeProps>('RCTSegmentedControl');
diff --git a/Libraries/Components/SegmentedControlIOS/SegmentedControlIOS.ios.js b/Libraries/Components/SegmentedControlIOS/SegmentedControlIOS.ios.js
index ae1af947c5d..a98e26e909b 100644
--- a/Libraries/Components/SegmentedControlIOS/SegmentedControlIOS.ios.js
+++ b/Libraries/Components/SegmentedControlIOS/SegmentedControlIOS.ios.js
@@ -15,6 +15,7 @@ import StyleSheet from '../../StyleSheet/StyleSheet';
 import type {OnChangeEvent} from './RCTSegmentedControlNativeComponent';
 import type {ViewProps} from '../View/ViewPropTypes';
 import RCTSegmentedControlNativeComponent from './RCTSegmentedControlNativeComponent';
+import type {SyntheticEvent} from 'react-native/Libraries/Types/CoreEventTypes';
 
 type SegmentedControlIOSProps = $ReadOnly<{|
   ...ViewProps,
@@ -42,7 +43,7 @@ type SegmentedControlIOSProps = $ReadOnly<{|
   /**
    * Callback that is called when the user taps a segment
    */
-  onChange?: ?(event: OnChangeEvent) => mixed,
+  onChange?: ?(event: SyntheticEvent<OnChangeEvent>) => mixed,
   /**
    * Callback that is called when the user taps a segment;
    * passes the segment's value as an argument
@@ -82,7 +83,7 @@ class SegmentedControlIOS extends React.Component<Props> {
     enabled: true,
   };
 
-  _onChange = (event: OnChangeEvent) => {
+  _onChange = (event: SyntheticEvent<OnChangeEvent>) => {
     this.props.onChange && this.props.onChange(event);
     this.props.onValueChange &&
       this.props.onValueChange(event.nativeEvent.value);
diff --git a/Libraries/Components/Slider/SliderNativeComponent.js b/Libraries/Components/Slider/SliderNativeComponent.js
index 50bb33d31d7..9b809e1ca65 100644
--- a/Libraries/Components/Slider/SliderNativeComponent.js
+++ b/Libraries/Components/Slider/SliderNativeComponent.js
@@ -12,8 +12,8 @@
 
 import type {
   Float,
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
   WithDefault,
 } from '../../Types/CodegenTypes';
 
@@ -25,7 +25,7 @@ import type {ViewProps} from '../View/ViewPropTypes';
 
 type Event = $ReadOnly<{|
   value: Float,
-  fromUser: boolean,
+  fromUser?: boolean,
 |}>;
 
 type NativeProps = $ReadOnly<{|
@@ -48,11 +48,9 @@ type NativeProps = $ReadOnly<{|
   value: ?WithDefault<Float, 0>,
 
   // Events
-  onChange?: ?(event: BubblingEvent<Event>) => void,
-  onValueChange?: ?(event: BubblingEvent<Event, 'paperValueChange'>) => void,
-  onSlidingComplete?: ?(
-    event: DirectEvent<Event, 'paperSlidingComplete'>,
-  ) => void,
+  onChange?: ?BubblingEventHandler<Event>,
+  onValueChange?: ?BubblingEventHandler<Event, 'paperValueChange'>,
+  onSlidingComplete?: ?DirectEventHandler<Event, 'paperSlidingComplete'>,
 |}>;
 
 export default codegenNativeComponent<NativeProps>('Slider', {
diff --git a/Libraries/Components/Switch/SwitchNativeComponent.js b/Libraries/Components/Switch/SwitchNativeComponent.js
index cfb177aa481..ea223bbde5e 100644
--- a/Libraries/Components/Switch/SwitchNativeComponent.js
+++ b/Libraries/Components/Switch/SwitchNativeComponent.js
@@ -10,7 +10,7 @@
 
 'use strict';
 
-import type {BubblingEvent, WithDefault} from '../../Types/CodegenTypes';
+import type {BubblingEventHandler, WithDefault} from '../../Types/CodegenTypes';
 import type {ColorValue} from '../../StyleSheet/StyleSheetTypes';
 import type {ViewProps} from '../View/ViewPropTypes';
 
@@ -36,7 +36,7 @@ type NativeProps = $ReadOnly<{|
   trackColorForTrue?: ?ColorValue,
 
   // Events
-  onChange?: ?(event: BubblingEvent<SwitchChangeEvent>) => mixed,
+  onChange?: ?BubblingEventHandler<SwitchChangeEvent>,
 |}>;
 
 export default codegenNativeComponent<NativeProps>('Switch', {
diff --git a/Libraries/Modal/RCTModalHostViewNativeComponent.js b/Libraries/Modal/RCTModalHostViewNativeComponent.js
index 8842098a288..1e305442d35 100644
--- a/Libraries/Modal/RCTModalHostViewNativeComponent.js
+++ b/Libraries/Modal/RCTModalHostViewNativeComponent.js
@@ -13,8 +13,8 @@
 import codegenNativeComponent from '../Utilities/codegenNativeComponent';
 import type {
   WithDefault,
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
   Int32,
 } from '../Types/CodegenTypes';
 
@@ -75,7 +75,7 @@ type NativeProps = $ReadOnly<{|
    *
    * See https://facebook.github.io/react-native/docs/modal.html#onrequestclose
    */
-  onRequestClose?: ?(event?: DirectEvent<null>) => mixed,
+  onRequestClose?: ?DirectEventHandler<null>,
 
   /**
    * The `onShow` prop allows passing a function that will be called once the
@@ -83,7 +83,7 @@ type NativeProps = $ReadOnly<{|
    *
    * See https://facebook.github.io/react-native/docs/modal.html#onshow
    */
-  onShow?: ?(event?: DirectEvent<null>) => mixed,
+  onShow?: ?DirectEventHandler<null>,
 
   /**
    * The `onDismiss` prop allows passing a function that will be called once
@@ -91,7 +91,7 @@ type NativeProps = $ReadOnly<{|
    *
    * See https://facebook.github.io/react-native/docs/modal.html#ondismiss
    */
-  onDismiss?: ?(event?: BubblingEvent<null>) => mixed,
+  onDismiss?: ?BubblingEventHandler<null>,
 
   /**
    * Deprecated. Use the `animationType` prop instead.
@@ -119,7 +119,7 @@ type NativeProps = $ReadOnly<{|
    *
    * See https://facebook.github.io/react-native/docs/modal.html#onorientationchange
    */
-  onOrientationChange?: ?(event: DirectEvent<OrientationChangeEvent>) => mixed,
+  onOrientationChange?: ?DirectEventHandler<OrientationChangeEvent>,
 
   /**
    * The `identifier` is the unique number for identifying Modal components.
diff --git a/Libraries/Types/CodegenTypes.js b/Libraries/Types/CodegenTypes.js
index e235e475b0e..8a385d850f8 100644
--- a/Libraries/Types/CodegenTypes.js
+++ b/Libraries/Types/CodegenTypes.js
@@ -14,14 +14,15 @@ import type {SyntheticEvent} from './CoreEventTypes';
 
 // Event types
 // We're not using the PaperName, it is only used to codegen view config settings
-export type BubblingEvent<
+
+export type BubblingEventHandler<
   T,
   PaperName: string | empty = empty, // eslint-disable-line no-unused-vars
-> = SyntheticEvent<T>;
-export type DirectEvent<
+> = (event: SyntheticEvent<T>) => mixed;
+export type DirectEventHandler<
   T,
   PaperName: string | empty = empty, // eslint-disable-line no-unused-vars
-> = SyntheticEvent<T>;
+> = (event: SyntheticEvent<T>) => mixed;
 
 // Prop types
 export type Float = number;
diff --git a/packages/babel-plugin-inline-view-configs/__test_fixtures__/fixtures.js b/packages/babel-plugin-inline-view-configs/__test_fixtures__/fixtures.js
index 12c96cdfe4b..d4ad955d4d0 100644
--- a/packages/babel-plugin-inline-view-configs/__test_fixtures__/fixtures.js
+++ b/packages/babel-plugin-inline-view-configs/__test_fixtures__/fixtures.js
@@ -23,8 +23,8 @@ const codegenNativeComponent = require('codegenNativeComponent');
 
 import type {
   Int32,
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
   WithDefault,
 } from 'CodegenFlowtypes';
 
@@ -42,8 +42,8 @@ type ModuleProps = $ReadOnly<{|
   boolean_default_true_optional_both?: ?WithDefault<boolean, true>,
 
   // Events
-  onDirectEventDefinedInlineNull: (event: DirectEvent<null>) => void,
-  onBubblingEventDefinedInlineNull: (event: BubblingEvent<null>) => void,
+  onDirectEventDefinedInlineNull: DirectEventHandler<null>,
+  onBubblingEventDefinedInlineNull: BubblingEventHandler<null>,
 |}>;
 
 export const Commands = codegenNativeCommands<NativeCommands>();
diff --git a/packages/babel-plugin-inline-view-configs/__tests__/__snapshots__/index-test.js.snap b/packages/babel-plugin-inline-view-configs/__tests__/__snapshots__/index-test.js.snap
index 73b1021cc4f..1e29afabb80 100644
--- a/packages/babel-plugin-inline-view-configs/__tests__/__snapshots__/index-test.js.snap
+++ b/packages/babel-plugin-inline-view-configs/__tests__/__snapshots__/index-test.js.snap
@@ -6,7 +6,7 @@ const codegenNativeCommands = require('codegenNativeCommands');
 
 const codegenNativeComponent = require('codegenNativeComponent');
 
-import type { Int32, BubblingEvent, DirectEvent, WithDefault } from 'CodegenFlowtypes';
+import type { Int32, BubblingEventHandler, DirectEventHandler, WithDefault } from 'CodegenFlowtypes';
 import type { ViewProps } from 'ViewPropTypes';
 interface NativeCommands {
   +hotspotUpdate: (viewRef: React.Ref<'RCTView'>, x: Int32, y: Int32) => void,
@@ -16,8 +16,8 @@ type ModuleProps = $ReadOnly<{| ...ViewProps,
   // Props
   boolean_default_true_optional_both?: ?WithDefault<boolean, true>,
   // Events
-  onDirectEventDefinedInlineNull: (event: DirectEvent<null>) => void,
-  onBubblingEventDefinedInlineNull: (event: BubblingEvent<null>) => void,
+  onDirectEventDefinedInlineNull: DirectEventHandler<null>,
+  onBubblingEventDefinedInlineNull: BubblingEventHandler<null>,
 |}>;
 export const Commands = codegenNativeCommands<NativeCommands>();
 
diff --git a/packages/react-native-codegen/e2e/__test_fixtures__/EventNestedObjectPropsNativeComponent.js b/packages/react-native-codegen/e2e/__test_fixtures__/EventNestedObjectPropsNativeComponent.js
index be14116d242..5e1d68f6503 100644
--- a/packages/react-native-codegen/e2e/__test_fixtures__/EventNestedObjectPropsNativeComponent.js
+++ b/packages/react-native-codegen/e2e/__test_fixtures__/EventNestedObjectPropsNativeComponent.js
@@ -12,7 +12,7 @@
 
 import type {
   Int32,
-  BubblingEvent,
+  BubblingEventHandler,
   WithDefault,
 } from '../../../../Libraries/Types/CodegenTypes';
 import type {ViewProps} from '../../../../Libraries/Components/View/ViewPropTypes';
@@ -35,7 +35,7 @@ type NativeProps = $ReadOnly<{|
   disabled?: WithDefault<boolean, false>,
 
   // Events
-  onChange?: ?(event: BubblingEvent<OnChangeEvent>) => void,
+  onChange?: ?BubblingEventHandler<OnChangeEvent>,
 |}>;
 
 export default codegenNativeComponent<NativeProps>(
diff --git a/packages/react-native-codegen/e2e/__test_fixtures__/EventPropsNativeComponent.js b/packages/react-native-codegen/e2e/__test_fixtures__/EventPropsNativeComponent.js
index 533290e251e..1ad260238c9 100644
--- a/packages/react-native-codegen/e2e/__test_fixtures__/EventPropsNativeComponent.js
+++ b/packages/react-native-codegen/e2e/__test_fixtures__/EventPropsNativeComponent.js
@@ -13,8 +13,8 @@
 import type {
   Int32,
   Float,
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
   WithDefault,
 } from '../../../../Libraries/Types/CodegenTypes';
 import type {ViewProps} from '../../../../Libraries/Components/View/ViewPropTypes';
@@ -42,16 +42,21 @@ type NativeProps = $ReadOnly<{|
   disabled?: WithDefault<boolean, false>,
 
   // Events
-  onChange?: ?(event: BubblingEvent<OnChangeEvent>) => void,
-  onEventDirect?: ?(event: DirectEvent<OnEventDirect>) => void,
-  onEventDirectWithPaperName?: ?(
-    event: DirectEvent<OnEventDirect, 'paperDirectName'>,
-  ) => void,
-  onOrientationChange?: ?(event: DirectEvent<OnOrientationChangeEvent>) => void,
-  onEnd?: ?(event: BubblingEvent<null>) => void,
-  onEventBubblingWithPaperName?: ?(
-    event: BubblingEvent<null, 'paperBubblingName'>,
-  ) => void,
+  onChange?: ?BubblingEventHandler<OnChangeEvent, 'paperDirectName'>,
+  onEventDirect?: ?DirectEventHandler<OnEventDirect>,
+  onEventDirectWithPaperName?: ?DirectEventHandler<
+    OnEventDirect,
+    'paperDirectName',
+  >,
+  onOrientationChange?: ?DirectEventHandler<
+    OnOrientationChangeEvent,
+    'paperBubblingName',
+  >,
+  onEnd?: ?BubblingEventHandler<null>,
+  onEventBubblingWithPaperName?: ?BubblingEventHandler<
+    null,
+    'paperBubblingName',
+  >,
 |}>;
 
 export default codegenNativeComponent<NativeProps>('EventPropsNativeComponent');
diff --git a/packages/react-native-codegen/e2e/__test_fixtures__/InterfaceOnlyNativeComponent.js b/packages/react-native-codegen/e2e/__test_fixtures__/InterfaceOnlyNativeComponent.js
index 510ae82ce2f..ec293197fb7 100644
--- a/packages/react-native-codegen/e2e/__test_fixtures__/InterfaceOnlyNativeComponent.js
+++ b/packages/react-native-codegen/e2e/__test_fixtures__/InterfaceOnlyNativeComponent.js
@@ -11,7 +11,7 @@
 'use strict';
 
 import type {
-  BubblingEvent,
+  BubblingEventHandler,
   WithDefault,
 } from '../../../../Libraries/Types/CodegenTypes';
 import type {ViewProps} from '../../../../Libraries/Components/View/ViewPropTypes';
@@ -24,7 +24,7 @@ type NativeProps = $ReadOnly<{|
   accessibilityHint?: WithDefault<string, ''>,
 
   // Events
-  onChange?: ?(event: BubblingEvent<$ReadOnly<{|value: boolean|}>>) => void,
+  onChange?: ?BubblingEventHandler<$ReadOnly<{|value: boolean|}>>,
 |}>;
 
 export default codegenNativeComponent<NativeProps>(
diff --git a/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js b/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js
index 9ee5e68f20e..45f2d3f30b2 100644
--- a/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js
+++ b/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js
@@ -78,8 +78,8 @@ const ONE_OF_EACH_PROP_EVENT_DEFAULT_AND_OPTIONS = `
 const codegenNativeComponent = require('codegenNativeComponent');
 
 import type {
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
   WithDefault,
 } from 'CodegenTypes';
 
@@ -92,8 +92,8 @@ type ModuleProps = $ReadOnly<{|
   boolean_default_true_optional_both?: ?WithDefault<boolean, true>,
 
   // Events
-  onDirectEventDefinedInlineNull: (event: DirectEvent<null>) => void,
-  onBubblingEventDefinedInlineNull: (event: BubblingEvent<null>) => void,
+  onDirectEventDefinedInlineNull: DirectEventHandler<null>,
+  onBubblingEventDefinedInlineNull: BubblingEventHandler<null>,
 |}>;
 
 export default codegenNativeComponent<ModuleProps>('Module', {
@@ -331,8 +331,8 @@ const codegenNativeComponent = require('codegenNativeComponent');
 import type {
   Int32,
   Float,
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
 } from 'CodegenTypes';
 
 import type {ViewProps} from 'ViewPropTypes';
@@ -342,226 +342,77 @@ type ModuleProps = $ReadOnly<{|
   // No Props
 
   // Events
-  onDirectEventDefinedInline: (
-    event: DirectEvent<
+  onDirectEventDefinedInline:
+    DirectEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onDirectEventDefinedInlineOptionalKey?: (
-    event: DirectEvent<
+  onDirectEventDefinedInlineOptionalKey?:
+    DirectEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onDirectEventDefinedInlineOptionalValue: ?(
-    event: DirectEvent<
+  onDirectEventDefinedInlineOptionalValue: ?
+    DirectEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onDirectEventDefinedInlineOptionalBoth?: ?(
-    event: DirectEvent<
+  onDirectEventDefinedInlineOptionalBoth?: ?
+    DirectEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onDirectEventDefinedInlineWithPaperName?: ?(
-    event: DirectEvent<
+  onDirectEventDefinedInlineWithPaperName?: ?
+    DirectEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
       'paperDirectEventDefinedInlineWithPaperName',
     >,
-  ) => void,
 
-  onBubblingEventDefinedInline: (
-    event: BubblingEvent<
+  onBubblingEventDefinedInline:
+    BubblingEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onBubblingEventDefinedInlineOptionalKey?: (
-    event: BubblingEvent<
+  onBubblingEventDefinedInlineOptionalKey?:
+    BubblingEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onBubblingEventDefinedInlineOptionalValue: ?(
-    event: BubblingEvent<
+  onBubblingEventDefinedInlineOptionalValue: ?
+    BubblingEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onBubblingEventDefinedInlineOptionalBoth?: ?(
-    event: BubblingEvent<
+  onBubblingEventDefinedInlineOptionalBoth?: ?
+    BubblingEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
     >,
-  ) => void,
 
-  onBubblingEventDefinedInlineWithPaperName?: ?(
-    event: BubblingEvent<
+  onBubblingEventDefinedInlineWithPaperName?: ?
+    BubblingEventHandler<
       $ReadOnly<{|
         ${EVENT_DEFINITION}
       |}>,
+      'paperBubblingEventDefinedInlineWithPaperName'
     >,
-    'paperBubblingEventDefinedInlineWithPaperName',
-  ) => void,
-|}>;
-
-export default codegenNativeComponent<ModuleProps>('Module');
-`;
-
-const EVENTS_DEFINED_IN_FILE_WITH_ALL_TYPES = `
-/**
- * Copyright (c) Facebook, Inc. and its affiliates.
- *
- * This source code is licensed under the MIT license found in the
- * LICENSE file in the root directory of this source tree.
- *
- * @format
- * @flow
- */
-
-'use strict';
-
-const codegenNativeComponent = require('codegenNativeComponent');
-
-import type {Float, Int32, BubblingEvent, DirectEvent} from 'CodegenTypes';
-
-import type {ViewProps} from 'ViewPropTypes';
-
-type EventInFile = $ReadOnly<{|
-  ${EVENT_DEFINITION}
-|}>;
-
-type DirectEventInFile = DirectEvent<EventInFile>;
-type BubblingEventInFile = BubblingEvent<EventInFile>;
-
-type DirectEventInFileWithPaperName = DirectEvent<
-  EventInFile,
-  'paperDirectEventInFileWithPaperName',
->;
-type BubblingEventInFileWithPaperName = BubblingEvent<
-  EventInFile,
-  'paperBubblingEventInFileWithPaperName',
->;
-
-type ModuleProps = $ReadOnly<{|
-  ...ViewProps,
-
-  // No props
-
-  // Events
-  // Events defined elsewhere in file
-
-  onDirectEventDefinedInFile: (event: DirectEventInFile) => void,
-  onDirectEventDefinedInFileOptionalKey?: (event: DirectEventInFile) => void,
-  onDirectEventDefinedInFileOptionalValue: ?(event: DirectEventInFile) => void,
-  onDirectEventDefinedInFileOptionalBoth?: ?(event: DirectEventInFile) => void,
-  onDirectEventDefinedInFileWithPaperName?: ?(
-    event: DirectEventInFileWithPaperName,
-  ) => void,
-
-  onBubblingEventDefinedInFile: (event: BubblingEventInFile) => void,
-  onBubblingEventDefinedInFileOptionalKey?: (
-    event: BubblingEventInFile,
-  ) => void,
-  onBubblingEventDefinedInFileOptionalValue: ?(
-    event: BubblingEventInFile,
-  ) => void,
-  onBubblingEventDefinedInFileOptionalBoth?: ?(
-    event: BubblingEventInFile,
-  ) => void,
-  onBubblingEventDefinedInFileWithPaperName?: ?(
-    event: BubblingEventInFileWithPaperName,
-  ) => void,
-|}>;
-
-export default codegenNativeComponent<ModuleProps>('Module');
-`;
-
-const EVENTS_DEFINED_AS_NULL_IN_FILE = `
-/**
- * Copyright (c) Facebook, Inc. and its affiliates.
- *
- * This source code is licensed under the MIT license found in the
- * LICENSE file in the root directory of this source tree.
- *
- * @format
- * @flow
- */
-
-'use strict';
-
-import type {BubblingEvent, DirectEvent} from 'CodegenTypes';
-import type {ViewProps} from 'ViewPropTypes';
-
-const codegenNativeComponent = require('codegenNativeComponent');
-
-type DirectEventDefinedInFileNull = DirectEvent<null>;
-type BubblingEventDefinedInFileNull = BubblingEvent<null>;
-
-type DirectEventDefinedInFileNullWithPaperName = DirectEvent<
-  null,
-  'paperDirectEventDefinedInFileNullWithPaperName',
->;
-type BubblingEventDefinedInFileNullWithPaperName = DirectEvent<
-  null,
-  'paperBubblingEventDefinedInFileNullWithPaperName',
->;
-
-type ModuleProps = $ReadOnly<{|
-  ...ViewProps,
-
-  // No props
-
-  // Events defined elsewhere in file
-  onDirectEventDefinedInFileNull: (event: DirectEventDefinedInFileNull) => void,
-  onDirectEventDefinedInFileNullOptionalKey?: (
-    event: DirectEventDefinedInFileNull,
-  ) => void,
-  onDirectEventDefinedInFileNullOptionalValue: ?(
-    event: DirectEventDefinedInFileNull,
-  ) => void,
-  onDirectEventDefinedInFileNullOptionalBoth?: ?(
-    event: DirectEventDefinedInFileNull,
-  ) => void,
-  onDirectEventDefinedInFileNullWithPaperName?: ?(
-    event: DirectEventDefinedInFileNullWithPaperName,
-  ) => void,
-
-  onBubblingEventDefinedInFileNull: (
-    event: BubblingEventDefinedInFileNull,
-  ) => void,
-  onBubblingEventDefinedInFileNullOptionalKey?: (
-    event: BubblingEventDefinedInFileNull,
-  ) => void,
-  onBubblingEventDefinedInFileNullOptionalValue: ?(
-    event: BubblingEventDefinedInFileNull,
-  ) => void,
-  onBubblingEventDefinedInFileNullOptionalBoth?: ?(
-    event: BubblingEventDefinedInFileNull,
-  ) => void,
-  onBubblingEventDefinedInFileNullOptionalBoth?: ?(
-    event: BubblingEventDefinedInFileNullWithPaperName,
-  ) => void,
 |}>;
 
 export default codegenNativeComponent<ModuleProps>('Module');
@@ -581,7 +432,13 @@ const EVENTS_DEFINED_AS_NULL_INLINE = `
 
 'use strict';
 
-import type {BubblingEvent, DirectEvent} from 'CodegenTypes';
+const codegenNativeComponent = require('codegenNativeComponent');
+
+import type {
+  BubblingEventHandler,
+  DirectEventHandler,
+} from 'CodegenTypese';
+
 import type {ViewProps} from 'ViewPropTypes';
 
 const codegenNativeComponent = require('codegenNativeComponent');
@@ -592,36 +449,25 @@ type ModuleProps = $ReadOnly<{|
   // No props
 
   // Events defined inline
-  onDirectEventDefinedInlineNull: (event: DirectEvent<null>) => void,
-  onDirectEventDefinedInlineNullOptionalKey?: (
-    event: DirectEvent<null>,
-  ) => void,
-  onDirectEventDefinedInlineNullOptionalValue: ?(
-    event: DirectEvent<null>,
-  ) => void,
-  onDirectEventDefinedInlineNullOptionalBoth?: ?(
-    event: DirectEvent<null>,
-  ) => void,
-  onDirectEventDefinedInlineNullWithPaperName?: ?(
-    event: DirectEvent<null, 'paperDirectEventDefinedInlineNullWithPaperName'>,
-  ) => void,
+  onDirectEventDefinedInlineNull:DirectEventHandler<null>,
+  onDirectEventDefinedInlineNullOptionalKey?: DirectEventHandler<null>,
+  onDirectEventDefinedInlineNullOptionalValue: ?DirectEventHandler<null>,
+  onDirectEventDefinedInlineNullOptionalBoth?: DirectEventHandler<null>,
+  onDirectEventDefinedInlineNullWithPaperName?: ?
+    DirectEventHandler<
+      null,
+      'paperDirectEventDefinedInlineNullWithPaperName',
+    >,
 
-  onBubblingEventDefinedInlineNull: (event: BubblingEvent<null>) => void,
-  onBubblingEventDefinedInlineNullOptionalKey?: (
-    event: BubblingEvent<null>,
-  ) => void,
-  onBubblingEventDefinedInlineNullOptionalValue: ?(
-    event: BubblingEvent<null>,
-  ) => void,
-  onBubblingEventDefinedInlineNullOptionalBoth?: ?(
-    event: BubblingEvent<null>,
-  ) => void,
-  onBubblingEventDefinedInlineNullWithPaperName?: ?(
-    event: BubblingEvent<
+  onBubblingEventDefinedInlineNull: BubblingEventHandler<null>,
+  onBubblingEventDefinedInlineNullOptionalKey?: BubblingEventHandler<null>,
+  onBubblingEventDefinedInlineNullOptionalValue: ?BubblingEventHandler<null>,
+  onBubblingEventDefinedInlineNullOptionalBoth?: ?BubblingEventHandler<null>,
+  onBubblingEventDefinedInlineNullWithPaperName?: ?
+    BubblingEventHandler<
       null,
       'paperBubblingEventDefinedInlineNullWithPaperName',
     >,
-  ) => void,
 |}>;
 
 export default codegenNativeComponent<ModuleProps>('Module');
@@ -640,7 +486,11 @@ const PROPS_AND_EVENTS_TYPES_EXPORTED = `
 
 'use strict';
 
-import type {BubblingEvent, DirectEvent} from 'CodegenTypes';
+import type {
+  BubblingEventHandler,
+  DirectEventHandler,
+} from 'CodegenTypes';
+
 import type {ViewProps} from 'ViewPropTypes';
 
 const codegenNativeComponent = require('codegenNativeComponent');
@@ -655,21 +505,10 @@ export type ModuleProps = $ReadOnly<{|
   // No props
 
   // Events defined inline
-  onBubblingEventDefinedInline: (event: BubblingEvent<EventInFile>) => void,
-  onBubblingEventDefinedInlineWithPaperName: (
-    event: BubblingEvent<
-      EventInFile,
-      'paperBubblingEventDefinedInlineWithPaperName',
-    >,
-  ) => void,
-
-  onDirectEventDefinedInline: (event: DirectEvent<EventInFile>) => void,
-  onDirectEventDefinedInlineWithPaperName: (
-    event: DirectEvent<
-      EventInFile,
-      'paperDirectEventDefinedInlineWithPaperName',
-    >,
-  ) => void,
+  onBubblingEventDefinedInline: BubblingEventHandler<EventInFile>,
+  onBubblingEventDefinedInlineWithPaperName: BubblingEventHandler<EventInFile, 'paperBubblingEventDefinedInlineWithPaperName'>,
+  onDirectEventDefinedInline: DirectEventHandler<EventInFile>,
+  onDirectEventDefinedInlineWithPaperName: DirectEventHandler<EventInFile, 'paperDirectEventDefinedInlineWithPaperName'>,
 |}>;
 
 export default codegenNativeComponent<ModuleProps>('Module');
@@ -693,8 +532,8 @@ const codegenNativeCommands = require('codegenNativeCommands');
 
 import type {
   Int32,
-  BubblingEvent,
-  DirectEvent,
+  BubblingEventHandler,
+  DirectEventHandler,
 } from 'CodegenTypes';
 
 import type {ViewProps} from 'ViewPropTypes';
@@ -720,8 +559,6 @@ module.exports = {
   ONE_OF_EACH_PROP_EVENT_DEFAULT_AND_OPTIONS,
   NO_PROPS_EVENTS_ONLY_DEPRECATED_VIEW_CONFIG_NAME_OPTION,
   EVENTS_DEFINED_INLINE_WITH_ALL_TYPES,
-  EVENTS_DEFINED_IN_FILE_WITH_ALL_TYPES,
-  EVENTS_DEFINED_AS_NULL_IN_FILE,
   EVENTS_DEFINED_AS_NULL_INLINE,
   PROPS_AND_EVENTS_TYPES_EXPORTED,
   COMMANDS_DEFINED_WITH_ALL_TYPES,
diff --git a/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap b/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
index 71e7218e5bf..92d02f2d923 100644
--- a/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
+++ b/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
@@ -905,151 +905,6 @@ Object {
 }
 `;
 
-exports[`RN Codegen Flow Parser can generate fixture EVENTS_DEFINED_AS_NULL_IN_FILE 1`] = `
-Object {
-  "modules": Object {
-    "Module": Object {
-      "components": Object {
-        "Module": Object {
-          "commands": Array [],
-          "events": Array [
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFileNull",
-              "optional": false,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFileNullOptionalKey",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFileNullOptionalValue",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFileNullOptionalBoth",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFileNullWithPaperName",
-              "optional": true,
-              "paperTopLevelNameDeprecated": "paperDirectEventDefinedInFileNullWithPaperName",
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "bubble",
-              "name": "onBubblingEventDefinedInFileNull",
-              "optional": false,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "bubble",
-              "name": "onBubblingEventDefinedInFileNullOptionalKey",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "bubble",
-              "name": "onBubblingEventDefinedInFileNullOptionalValue",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "bubble",
-              "name": "onBubblingEventDefinedInFileNullOptionalBoth",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "direct",
-              "name": "onBubblingEventDefinedInFileNullOptionalBoth",
-              "optional": true,
-              "paperTopLevelNameDeprecated": "paperBubblingEventDefinedInFileNullWithPaperName",
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-          ],
-          "extendsProps": Array [
-            Object {
-              "knownTypeName": "ReactNativeCoreViewProps",
-              "type": "ReactNativeBuiltInType",
-            },
-          ],
-          "props": Array [],
-        },
-      },
-    },
-  },
-}
-`;
-
 exports[`RN Codegen Flow Parser can generate fixture EVENTS_DEFINED_AS_NULL_INLINE 1`] = `
 Object {
   "modules": Object {
@@ -1195,2301 +1050,6 @@ Object {
 }
 `;
 
-exports[`RN Codegen Flow Parser can generate fixture EVENTS_DEFINED_IN_FILE_WITH_ALL_TYPES 1`] = `
-Object {
-  "modules": Object {
-    "Module": Object {
-      "components": Object {
-        "Module": Object {
-          "commands": Array [],
-          "events": Array [
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFile",
-              "optional": false,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [
-                    Object {
-                      "name": "boolean_required",
-                      "optional": false,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "boolean_optional_key",
-                      "optional": true,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "boolean_optional_value",
-                      "optional": true,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "boolean_optional_both",
-                      "optional": true,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_required",
-                      "optional": false,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_optional_key",
-                      "optional": true,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_optional_value",
-                      "optional": true,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_optional_both",
-                      "optional": true,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_required",
-                      "optional": false,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_optional_key",
-                      "optional": true,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_optional_value",
-                      "optional": true,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_optional_both",
-                      "optional": true,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_required",
-                      "optional": false,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_optional_key",
-                      "optional": true,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_optional_value",
-                      "optional": true,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_optional_both",
-                      "optional": true,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_required",
-                      "optional": false,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_optional_key",
-                      "optional": true,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_optional_value",
-                      "optional": true,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_optional_both",
-                      "optional": true,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_required",
-                      "optional": false,
-                      "properties": Array [
-                        Object {
-                          "name": "boolean_required",
-                          "optional": false,
-                          "type": "BooleanTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_optional_key",
-                      "optional": true,
-                      "properties": Array [
-                        Object {
-                          "name": "string_optional_key",
-                          "optional": true,
-                          "type": "StringTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_optional_value",
-                      "optional": true,
-                      "properties": Array [
-                        Object {
-                          "name": "float_optional_value",
-                          "optional": true,
-                          "type": "FloatTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_optional_both",
-                      "optional": true,
-                      "properties": Array [
-                        Object {
-                          "name": "int32_optional_both",
-                          "optional": true,
-                          "type": "Int32TypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_required_nested_2_layers",
-                      "optional": false,
-                      "properties": Array [
-                        Object {
-                          "name": "object_optional_nested_1_layer",
-                          "optional": true,
-                          "properties": Array [
-                            Object {
-                              "name": "boolean_required",
-                              "optional": false,
-                              "type": "Int32TypeAnnotation",
-                            },
-                            Object {
-                              "name": "string_optional_key",
-                              "optional": true,
-                              "type": "StringTypeAnnotation",
-                            },
-                            Object {
-                              "name": "float_optional_value",
-                              "optional": true,
-                              "type": "FloatTypeAnnotation",
-                            },
-                            Object {
-                              "name": "int32_optional_both",
-                              "optional": true,
-                              "type": "Int32TypeAnnotation",
-                            },
-                          ],
-                          "type": "ObjectTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                  ],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-            Object {
-              "bubblingType": "direct",
-              "name": "onDirectEventDefinedInFileOptionalKey",
-              "optional": true,
-              "typeAnnotation": Object {
-                "argument": Object {
-                  "properties": Array [
-                    Object {
-                      "name": "boolean_required",
-                      "optional": false,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "boolean_optional_key",
-                      "optional": true,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "boolean_optional_value",
-                      "optional": true,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "boolean_optional_both",
-                      "optional": true,
-                      "type": "BooleanTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_required",
-                      "optional": false,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_optional_key",
-                      "optional": true,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_optional_value",
-                      "optional": true,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "string_optional_both",
-                      "optional": true,
-                      "type": "StringTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_required",
-                      "optional": false,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_optional_key",
-                      "optional": true,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_optional_value",
-                      "optional": true,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "float_optional_both",
-                      "optional": true,
-                      "type": "FloatTypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_required",
-                      "optional": false,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_optional_key",
-                      "optional": true,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_optional_value",
-                      "optional": true,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "int32_optional_both",
-                      "optional": true,
-                      "type": "Int32TypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_required",
-                      "optional": false,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_optional_key",
-                      "optional": true,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_optional_value",
-                      "optional": true,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "enum_optional_both",
-                      "optional": true,
-                      "options": Array [
-                        Object {
-                          "name": "small",
-                        },
-                        Object {
-                          "name": "large",
-                        },
-                      ],
-                      "type": "StringEnumTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_required",
-                      "optional": false,
-                      "properties": Array [
-                        Object {
-                          "name": "boolean_required",
-                          "optional": false,
-                          "type": "BooleanTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_optional_key",
-                      "optional": true,
-                      "properties": Array [
-                        Object {
-                          "name": "string_optional_key",
-                          "optional": true,
-                          "type": "StringTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_optional_value",
-                      "optional": true,
-                      "properties": Array [
-                        Object {
-                          "name": "float_optional_value",
-                          "optional": true,
-                          "type": "FloatTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_optional_both",
-                      "optional": true,
-                      "properties": Array [
-                        Object {
-                          "name": "int32_optional_both",
-                          "optional": true,
-                          "type": "Int32TypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                    Object {
-                      "name": "object_required_nested_2_layers",
-                      "optional": false,
-                      "properties": Array [
-                        Object {
-                          "name": "object_optional_nested_1_layer",
-                          "optional": true,
-                          "properties": Array [
-                            Object {
-                              "name": "boolean_required",
-                              "optional": false,
-                              "type": "Int32TypeAnnotation",
-                            },
-                            Object {
-                              "name": "string_optional_key",
-                              "optional": true,
-                              "type": "StringTypeAnnotation",
-                            },
-                            Object {
-                              "name": "float_optional_value",
-                              "optional": true,
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-                              "type": "Int32TypeAnnotation",
-                            },
-                            Object {
-                              "name": "string_optional_key",
-                              "optional": true,
-                              "type": "StringTypeAnnotation",
-                            },
-                            Object {
-                              "name": "float_optional_value",
-                              "optional": true,
-                              "type": "FloatTypeAnnotation",
-                            },
-                            Object {
-                              "name": "int32_optional_both",
-                              "optional": true,
-                              "type": "Int32TypeAnnotation",
-                            },
-                          ],
-                          "type": "ObjectTypeAnnotation",
-                        },
-                      ],
-                      "type": "ObjectTypeAnnotation",
-                    },
-                  ],
-                  "type": "ObjectTypeAnnotation",
-                },
-                "type": "EventTypeAnnotation",
-              },
-            },
-          ],
-          "extendsProps": Array [
-            Object {
-              "knownTypeName": "ReactNativeCoreViewProps",
-              "type": "ReactNativeBuiltInType",
-            },
-          ],
-          "props": Array [],
-        },
-      },
-    },
-  },
-}
-`;
-
 exports[`RN Codegen Flow Parser can generate fixture EVENTS_DEFINED_INLINE_WITH_ALL_TYPES 1`] = `
 Object {
   "modules": Object {
@@ -5546,6 +3106,7 @@ Object {
               "bubblingType": "bubble",
               "name": "onBubblingEventDefinedInlineWithPaperName",
               "optional": true,
+              "paperTopLevelNameDeprecated": "paperBubblingEventDefinedInlineWithPaperName",
               "typeAnnotation": Object {
                 "argument": Object {
                   "properties": Array [
diff --git a/packages/react-native-codegen/src/parsers/flow/events.js b/packages/react-native-codegen/src/parsers/flow/events.js
index 67666fb9301..edb08b02b6b 100644
--- a/packages/react-native-codegen/src/parsers/flow/events.js
+++ b/packages/react-native-codegen/src/parsers/flow/events.js
@@ -76,8 +76,8 @@ function findEventArgumentsAndType(
       paperTopLevelNameDeprecated: paperName,
       bubblingType,
     };
-  } else if (name === 'BubblingEvent' || name === 'DirectEvent') {
-    const eventType = name === 'BubblingEvent' ? 'bubble' : 'direct';
+  } else if (name === 'BubblingEventHandler' || name === 'DirectEventHandler') {
+    const eventType = name === 'BubblingEventHandler' ? 'bubble' : 'direct';
     const paperTopLevelNameDeprecated =
       typeAnnotation.typeParameters.params.length > 1
         ? typeAnnotation.typeParameters.params[1].value
@@ -146,7 +146,11 @@ function buildEventSchema(
       ? property.value.typeAnnotation
       : property.value;
 
-  if (typeAnnotation.type !== 'FunctionTypeAnnotation') {
+  if (
+    typeAnnotation.type !== 'GenericTypeAnnotation' ||
+    (typeAnnotation.id.name !== 'BubblingEventHandler' &&
+      typeAnnotation.id.name !== 'DirectEventHandler')
+  ) {
     return null;
   }
 
@@ -154,7 +158,7 @@ function buildEventSchema(
     argumentProps,
     bubblingType,
     paperTopLevelNameDeprecated,
-  } = findEventArgumentsAndType(typeAnnotation.params[0].typeAnnotation, types);
+  } = findEventArgumentsAndType(typeAnnotation, types);
 
   if (bubblingType && argumentProps) {
     if (paperTopLevelNameDeprecated != null) {
diff --git a/packages/react-native-codegen/src/parsers/flow/props.js b/packages/react-native-codegen/src/parsers/flow/props.js
index d062f25f667..327cefff6cc 100644
--- a/packages/react-native-codegen/src/parsers/flow/props.js
+++ b/packages/react-native-codegen/src/parsers/flow/props.js
@@ -194,7 +194,11 @@ function buildPropSchema(property): ?PropTypeShape {
       : property.value;
 
   let type = typeAnnotation.type;
-  if (type === 'FunctionTypeAnnotation') {
+  if (
+    type === 'GenericTypeAnnotation' &&
+    (typeAnnotation.id.name === 'DirectEventHandler' ||
+      typeAnnotation.id.name === 'BubblingEventHandler')
+  ) {
     return null;
   }