Oliver K. Mihm - Nov 16, 2022 Form 4 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: Nov 16, 2022
Transactions value $: -$802,703
Form type: 4
Date filed: 11/18/2022, 03:01 PM
Previous filing: Mar 8, 2022
Next filing: Dec 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Sale	-$286K	-2.72K	-16.41%	$104.90	13.9K	Nov 16, 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Sale	-$111K	-1.05K	-7.55%	$106.20	12.8K	Nov 17, 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+5.18K	+40.38%		18K	Nov 17, 2022	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$259K	-2.44K	-13.52%	$106.18	15.6K	Nov 17, 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Sale	-$147K	-1.37K	-8.81%	$107.30	14.2K	Nov 18, 2022	Direct
holding	PLXS	Common Stock, $.01 par value						474	Nov 16, 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		+2.59K	+58.6%		7.01K	Nov 17, 2022	Common Stock	2.59K		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-5.18K	-73.89%		1.83K	Nov 17, 2022	Common Stock	5.18K		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.