Ronnie Darroch - Nov 17, 2022 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: EVP Global Ops & Reg Pres-EMEA
Signature: Ronald Darroch, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 17, 2022
Transactions value $: -$567,969
Form type: 4
Date filed: 11/21/2022, 03:16 PM
Previous filing: Nov 2, 2022
Next filing: Jan 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+5.32K			5.32K	Nov 17, 2022	Direct	F1
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$271K	-2.55K	-47.93%	$106.18	2.77K	Nov 17, 2022	Direct
transaction	PLXS	Common Stock, $.01 par value	Sale	-$297K	-2.77K	-100%	$107.30	0	Nov 18, 2022	Direct	F2

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		+2.66K	+58.59%		7.2K	Nov 17, 2022	Common Stock	2.66K		Direct	F1
transaction	PLXS	Performance Stock Units	Options Exercise		-5.32K	-73.89%		1.88K	Nov 17, 2022	Common Stock	5.32K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	This transaction was executed in multiple trades at prices ranging from $107.2705 to $107.41 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Content

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.

This transaction was executed in multiple trades at prices ranging from $107.2705 to $107.41 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.