Steven J. Frisch - Nov 17, 2022 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: President & Chief Strategy Off
Signature: Steven J. Frisch, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 17, 2022
Transactions value $: -$589,936
Form type: 4
Date filed: 11/21/2022, 03:17 PM
Previous filing: Nov 15, 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		+11.8K	+28.63%		53.1K	Nov 17, 2022	Direct	F1
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$590K	-5.56K	-10.46%	$106.18	47.5K	Nov 17, 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	Performance Stock Units	Award		+5.91K	+58.57%		16K	Nov 17, 2022	Common Stock	5.91K		Direct	F1
transaction	PLXS	Performance Stock Units	Options Exercise		-11.8K	-73.88%		4.18K	Nov 17, 2022	Common Stock	11.8K		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.

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.