Jeff Benck - 20 Feb 2024 Form 4 Insider Report for BENCHMARK ELECTRONICS INC (BHE)

Role
President and CEO, Director
Signature
/s/ Jason Eastburn by Power of Attorney for Jeffrey W. Benck
Issuer symbol
BHE
Transactions as of
20 Feb 2024
Net transactions value
+$622,532
Form type
4
Filing time
22 Feb 2024, 21:33:12 UTC
Previous filing
22 Mar 2023
Next filing
26 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHE Common Stock Options Exercise $1,995,872 +68,305 +18% $29.22 442,749 20 Feb 2024 Direct F1
transaction BHE Common Stock Tax liability $1,373,340 -47,000 -11% $29.22 395,749 20 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BHE Performance-based Restricted Stock Units Award $0 +7,116 +12% $0.000000 68,305 20 Feb 2024 Common Stock 7,116 $0.000000 Direct F1
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -68,305 -100% $0.000000* 0 20 Feb 2024 Common Stock 68,305 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the Company performance during the three-year performance period ending December 31, 2023, approximately 111.63% of the performance-based restricted stock units vested (as previously disclosed, the reporting person had the opportunity to earn up to 250% of the number originally reported)
F2 These shares are being withheld to cover taxes related to the vesting of restricted stock units.