Michael D. Buseman - Feb 22, 2023 Form 4 Insider Report for BENCHMARK ELECTRONICS INC (BHE)

Role
EVP, Chief Operating Officer
Signature
/s/ Jason Eastburn by Power of Attorney for Michael D Buseman
Stock symbol
BHE
Transactions as of
Feb 22, 2023
Transactions value $
-$143,778
Form type
4
Date filed
2/24/2023, 08:09 PM
Previous filing
Feb 23, 2023
Next filing
Feb 27, 2023
SEC
View on sec.gov

Transactions Table

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 -11K -78.5% $0.00 3.02K Feb 22, 2023 Common Stock 11K $0.00 Direct F1
transaction BHE Performance-based Restricted Stock Units Disposed to Issuer $0 -3.02K -100% $0.00* 0 Feb 22, 2023 Common Stock 3.02K $0.00 Direct F1
transaction BHE Performance-based Restricted Stock Units Award $0 +4.6K +66.7% $0.00 11.5K Feb 22, 2023 Common Stock 4.6K $0.00 Direct F2
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -11.5K -100% $0.00* 0 Feb 22, 2023 Common Stock 11.5K $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.