Jeff Benck - Feb 20, 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
Stock symbol
BHE
Transactions as of
Feb 20, 2024
Transactions value $
$622,532
Form type
4
Date filed
2/22/2024, 09:33 PM
Previous filing
Mar 22, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHE Common Stock Options Exercise $2M +68.3K +18.24% $29.22 443K Feb 20, 2024 Direct F1
transaction BHE Common Stock Tax liability -$1.37M -47K -10.62% $29.22 396K Feb 20, 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 +7.12K +11.63% $0.00 68.3K Feb 20, 2024 Common Stock 7.12K $0.00 Direct F1
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -68.3K -100% $0.00* 0 Feb 20, 2024 Common Stock 68.3K $0.00 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.