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

Role: CEO, Director
Signature: Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Feb 14, 2023
Transactions value $: -$910,008
Form type: 4
Date filed: 2/16/2023, 03:02 PM
Previous filing: Jan 31, 2023
Next filing: Mar 14, 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		+19.5K	+16.88%		135K	Feb 14, 2023	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$910K	-9.17K	-6.79%	$99.27	126K	Feb 14, 2023	Direct
holding	PLXS	Common Stock, $.01 par value						10.1K	Feb 14, 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		+8K	+69.6%		19.5K	Feb 14, 2023	Common Stock	8K		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-19.5K	-100%		0	Feb 14, 2023	Common Stock	19.5K		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.