JAN M. JANICK - 20 Feb 2024 Form 4 Insider Report for BENCHMARK ELECTRONICS INC (BHE)

Role
SVP, Chief Technology Officer
Signature
/s/ Jason Eastburn by Power of Attorney for Jan M. Janick
Issuer symbol
BHE
Transactions as of
20 Feb 2024
Net transactions value
-$194,021
Form type
4
Filing time
22 Feb 2024, 21:34:40 UTC
Previous filing
07 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 +10,554 +17% $0.000000 74,333 20 Feb 2024 Direct F1
transaction BHE Common Stock Tax liability $194,021 -6,640 -8.9% $29.22 67,693 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 +1,100 +12% $0.000000 10,554 20 Feb 2024 Common Stock 1,100 $0.000000 Direct F1
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -10,554 -100% $0.000000* 0 20 Feb 2024 Common Stock 10,554 $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.