Oliver K. Mihm - 26 Jan 2022 Form 3 Insider Report for PLEXUS CORP (PLXS)

Role
Exec VP & COO
Signature
Oliver K. Mihm, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
26 Jan 2022
Net transactions value
$0
Form type
3
Filing time
31 Jan 2022, 15:31:42 UTC
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLXS Common Stock, $.01 par value 15,035 26 Jan 2022 Direct

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
holding PLXS Restricted Stock Units 26 Jan 2022 Common Stock 5,170 Direct F1
holding PLXS Restricted Stock Units 26 Jan 2022 Common Stock 5,170 Direct F1
holding PLXS Performance Stock Units 26 Jan 2022 Common Stock 2,040 Direct F2
holding PLXS Performance Stock Units 26 Jan 2022 Common Stock 4,420 Direct F3
holding PLXS Performance Stock Units 26 Jan 2022 Common Stock 4,810 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest three years from the date listed above.
F2 Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of the PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the Russell 3000 Index. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported.
F3 Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of the PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the Russell 3000 Index and on goals related to economic return during the three-year performance period. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported.
F4 Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 2,220 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.