Patrick John Jermain - 17 Nov 2022 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role
Exec. VP & CFO
Signature
Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
17 Nov 2022
Net transactions value
-$414,208
Form type
4
Filing time
21 Nov 2022, 15:17:53 UTC
Previous filing
10 Nov 2022
Next filing
25 Nov 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 Gift -500 -1.2% 40,601 14 Nov 2022 Direct F2
transaction PLXS Common Stock, $.01 par value Options Exercise +8,300 +20% 48,901 17 Nov 2022 Direct F3
transaction PLXS Common Stock, $.01 par value Tax liability $414,208 -3,901 -8% $106.18 45,000 17 Nov 2022 Direct
holding PLXS Common Stock, $.01 par value 3,234 17 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 +4,150 +59% 11,240 17 Nov 2022 Common Stock 4,150 Direct F3
transaction PLXS Performance Stock Units Options Exercise -8,300 -74% 2,940 17 Nov 2022 Common Stock 8,300 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 Shares of Plexus Corp. common stock were given as a bona fide gift.
F3 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.