Oliver K. Mihm - 16 Nov 2022 Form 4 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: 16 Nov 2022
Net transactions value: -$802,703
Form type: 4
Filing time: 18 Nov 2022, 15:01:52 UTC
Previous filing: 08 Mar 2022
Next filing: 08 Dec 2022
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	Sale	$285,748	-2,724	-16%	$104.90	13,876	16 Nov 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Sale	$111,191	-1,047	-7.5%	$106.20	12,829	17 Nov 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+5,180	+40%		18,009	17 Nov 2022	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	$258,548	-2,435	-14%	$106.18	15,574	17 Nov 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Sale	$147,216	-1,372	-8.8%	$107.30	14,202	18 Nov 2022	Direct
holding	PLXS	Common Stock, $.01 par value						474	16 Nov 2022	401(k)	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		+2,590	+59%		7,010	17 Nov 2022	Common Stock	2,590		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-5,180	-74%		1,830	17 Nov 2022	Common Stock	5,180		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 the Plexus Corp. 401(k) Savings Plan as of the date of the transaction.
F2	Based on Company performance during the three-year performance period, 200% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2020 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 the Plexus Corp. 401(k) Savings Plan as of the date of the transaction.

Based on Company performance during the three-year performance period, 200% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2020 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.