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

Role: Exec. VP & CFO
Signature: Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 17, 2021
Transactions value $: -$389,273
Form type: 4
Date filed: 11/19/2021, 03:15 PM
Previous filing: Nov 9, 2021
Next filing: Jan 24, 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		+8.96K	+23.36%		47.3K	Nov 17, 2021	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$389K	-4.21K	-8.9%	$92.42	43.1K	Nov 17, 2021	Direct
holding	PLXS	Common Stock, $.01 par value						3.05K	Nov 17, 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		+4.48K	+57.58%		12.3K	Nov 17, 2021	Common Stock	4.48K		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-8.96K	-73.08%		3.3K	Nov 17, 2021	Common Stock	8.96K		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.

Content

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.

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.