Patrick John Jermain - 17 Nov 2021 Form 4 Insider Report for PLEXUS CORP (PLXS)

Signature
Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
17 Nov 2021
Net transactions value
-$389,273
Form type
4
Filing time
19 Nov 2021, 15:15:24 UTC
Previous filing
09 Nov 2021
Next filing
24 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLXS Common Stock, $.01 par value Options Exercise +8,960 +23% 47,319 17 Nov 2021 Direct F2
transaction PLXS Common Stock, $.01 par value Tax liability $389,273 -4,212 -8.9% $92.42 43,107 17 Nov 2021 Direct
holding PLXS Common Stock, $.01 par value 3,045 17 Nov 2021 401(k) F1

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 PLXS Performance Stock Units Award +4,480 +58% 12,260 17 Nov 2021 Common Stock 4,480 Direct F2
transaction PLXS Performance Stock Units Options Exercise -8,960 -73% 3,300 17 Nov 2021 Common Stock 8,960 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee.
F2 Based on Company performance during the three-year performance period, 200% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2019 related to economic return goals vested. The three-year performance period for the portion of the PSUs that vests based on the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the Russell 3000 Index has yet to conclude. As previously disclosed, the reporting person has the opportunity to earn up to 200% of the number of PSUs originally reported.