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

Role
Exec VP & COO
Signature
Oliver K. Mihm, by Kate A. Gitter, Attorney-in-Fact
Stock symbol
PLXS
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
3
Date filed
1/31/2022, 03:31 PM
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLXS Common Stock, $.01 par value 15K Jan 26, 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 Jan 26, 2022 Common Stock 5.17K Direct F1
holding PLXS Restricted Stock Units Jan 26, 2022 Common Stock 5.17K Direct F1
holding PLXS Performance Stock Units Jan 26, 2022 Common Stock 2.04K Direct F2
holding PLXS Performance Stock Units Jan 26, 2022 Common Stock 4.42K Direct F3
holding PLXS Performance Stock Units Jan 26, 2022 Common Stock 4.81K 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.