Todd P. Kelsey - 14 Feb 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: CEO, Director
Signature: Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol: PLXS
Transactions as of: 14 Feb 2023
Net transactions value: -$910,008
Form type: 4
Filing time: 16 Feb 2023, 15:02:35 UTC
Previous filing: 31 Jan 2023
Next filing: 14 Mar 2023
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	Options Exercise		+19,504	+17%		135,052	14 Feb 2023	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	$910,008	-9,167	-6.8%	$99.27	125,885	14 Feb 2023	Direct
holding	PLXS	Common Stock, $.01 par value						10,068	14 Feb 2023	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		+8,004	+70%		19,504	14 Feb 2023	Common Stock	8,004		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-19,504	-100%		0	14 Feb 2023	Common Stock	19,504		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) Retirement Plan as of the last report from the Plan's trustee.
F2	Based on Company performance during the three-year performance period, 169.6% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2020 related to the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the Russell 3000 Index vested. As previously disclosed, the reporting person had 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) Retirement Plan as of the last report from the Plan's trustee.

Based on Company performance during the three-year performance period, 169.6% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2020 related to the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the Russell 3000 Index vested. As previously disclosed, the reporting person had the opportunity to earn up to 200% of the number of PSUs originally reported.