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

Role
Exec. VP & CFO
Signature
Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Stock symbol
PLXS
Transactions as of
Nov 17, 2022
Transactions value $
-$414,208
Form type
4
Date filed
11/21/2022, 03:17 PM
Previous filing
Nov 10, 2022
Next filing
Nov 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLXS Common Stock, $.01 par value Gift -500 -1.22% 40.6K Nov 14, 2022 Direct F2
transaction PLXS Common Stock, $.01 par value Options Exercise +8.3K +20.44% 48.9K Nov 17, 2022 Direct F3
transaction PLXS Common Stock, $.01 par value Tax liability -$414K -3.9K -7.98% $106.18 45K Nov 17, 2022 Direct
holding PLXS Common Stock, $.01 par value 3.23K Nov 17, 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 +4.15K +58.53% 11.2K Nov 17, 2022 Common Stock 4.15K Direct F3
transaction PLXS Performance Stock Units Options Exercise -8.3K -73.84% 2.94K Nov 17, 2022 Common Stock 8.3K 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.