Todd P. Kelsey - 17 Nov 2021 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: President & CEO
Signature: Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol: PLXS
Transactions as of: 17 Nov 2021
Net transactions value: -$1,372,622
Form type: 4
Filing time: 19 Nov 2021, 15:15:49 UTC
Previous filing: 09 Nov 2021
Next filing: 09 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+31,600	+36%		120,257	17 Nov 2021	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	$1,372,622	-14,852	-12%	$92.42	105,405	17 Nov 2021	Direct
holding	PLXS	Common Stock, $.01 par value						38,651	17 Nov 2021	By Family LLC	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		+15,800	+58%		43,220	17 Nov 2021	Common Stock	15,800		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-31,600	-73%		11,620	17 Nov 2021	Common Stock	31,600		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 a family-owned entity controlled by the reporting person.
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 a family-owned entity controlled by the reporting person.

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.