Roop K. Lakkaraju - Feb 22, 2023 Form 4 Insider Report for BENCHMARK ELECTRONICS INC (BHE)

Role
EVP, Chief Financial Officer
Signature
/s/ Jason Eastburn by Power of Attorney for Roop K Lakkaraju
Stock symbol
BHE
Transactions as of
Feb 22, 2023
Transactions value $
-$323,762
Form type
4
Date filed
2/24/2023, 08:06 PM
Previous filing
Feb 23, 2023
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHE Common Stock Options Exercise $0 +14K +16.42% $0.00 99.1K Feb 22, 2023 Direct F1
transaction BHE Common Stock Options Exercise $0 +14.6K +14.7% $0.00 114K Feb 22, 2023 Direct F2
transaction BHE Common Stock Tax liability -$324K -13.4K -11.74% $24.25 100K Feb 22, 2023 Direct F3

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 BHE Performance-based Restricted Stock Units Options Exercise $0 -14K -78.5% $0.00 3.83K Feb 22, 2023 Common Stock 14K $0.00 Direct F1
transaction BHE Performance-based Restricted Stock Units Disposed to Issuer $0 -3.83K -100% $0.00* 0 Feb 22, 2023 Common Stock 3.83K $0.00 Direct F1
transaction BHE Performance-based Restricted Stock Units Award $0 +5.83K +66.7% $0.00 14.6K Feb 22, 2023 Common Stock 5.83K $0.00 Direct F2
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -14.6K -100% $0.00* 0 Feb 22, 2023 Common Stock 14.6K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the Company performance during the three-year performance period ending December 31, 2022, approximately 78.5% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).
F2 Based on the Company performance during the two-year performance period ending December 31, 2022, approximately 166.7% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).
F3 These shares are being withheld to cover taxes related to the vesting of restricted stock units.