Roop K. Lakkaraju - 20 Feb 2024 Form 4 Insider Report for BENCHMARK ELECTRONICS INC (BHE)

Role
EVP, Chief Financial Officer
Signature
/s/ Jason Eastburn by Power of Attorney for Roop Lakkaraju
Issuer symbol
BHE
Transactions as of
20 Feb 2024
Net transactions value
-$389,152
Form type
4
Filing time
22 Feb 2024, 21:33:45 UTC
Previous filing
16 Feb 2024
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 $0 +19,516 +16% $0.000000 144,733 20 Feb 2024 Direct F1
transaction BHE Common Stock Tax liability $389,152 -13,318 -9.2% $29.22 131,415 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 +2,033 +12% $0.000000 19,516 20 Feb 2024 Common Stock 2,033 $0.000000 Direct F1
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -19,516 -100% $0.000000* 0 20 Feb 2024 Common Stock 19,516 $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.