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

Role: President & CEO
Signature: Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 17, 2021
Transactions value $: -$1,372,622
Form type: 4
Date filed: 11/19/2021, 03:15 PM
Previous filing: Nov 9, 2021
Next filing: Dec 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+31.6K	+35.64%		120K	Nov 17, 2021	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$1.37M	-14.9K	-12.35%	$92.42	105K	Nov 17, 2021	Direct
holding	PLXS	Common Stock, $.01 par value						38.7K	Nov 17, 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		+15.8K	+57.62%		43.2K	Nov 17, 2021	Common Stock	15.8K		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-31.6K	-73.11%		11.6K	Nov 17, 2021	Common Stock	31.6K		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.