Patrick J. Jermain - Jan 31, 2022 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
Jan 31, 2022
Transactions value $
$0
Form type
4
Date filed
2/2/2022, 04:30 PM
Previous filing
Jan 24, 2022
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLXS Common Stock, $.01 par value 3.08K Jan 31, 2022 401(k) F1
holding PLXS Common Stock, $.01 par value 47.8K Jan 31, 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
transaction PLXS Restricted Stock Units Award +6.85K 6.85K Jan 31, 2022 Common Stock 6.85K Direct F2
transaction PLXS Performance Stock Units Award +6.34K 6.34K Jan 31, 2022 Common Stock 6.34K Direct F3
* 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 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 on January 31, 2025.
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 2,920 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.