Rhonda R. Turner - 22 Feb 2023 Form 4 Insider Report for BENCHMARK ELECTRONICS INC (BHE)

Role
SVP, Chief HR Officer
Signature
/s/ Jason Eastburn by Power of Attorney for Rhonda R Turner
Issuer symbol
BHE
Transactions as of
22 Feb 2023
Net transactions value
-$162,330
Form type
4
Filing time
24 Feb 2023, 20:13:03 UTC
Previous filing
23 Feb 2023
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHE Common Stock Options Exercise $0 +7,831 +23% $0.000000 41,238 22 Feb 2023 Direct F1
transaction BHE Common Stock Options Exercise $0 +8,162 +20% $0.000000 49,400 22 Feb 2023 Direct F2
transaction BHE Common Stock Tax liability $162,330 -6,694 -14% $24.25 42,706 22 Feb 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 -7,831 -78% $0.000000 2,145 22 Feb 2023 Common Stock 7,831 $0.000000 Direct F1
transaction BHE Performance-based Restricted Stock Units Disposed to Issuer $0 -2,145 -100% $0.000000* 0 22 Feb 2023 Common Stock 2,145 $0.000000 Direct F1
transaction BHE Performance-based Restricted Stock Units Award $0 +3,266 +67% $0.000000 8,162 22 Feb 2023 Common Stock 3,266 $0.000000 Direct F2
transaction BHE Performance-based Restricted Stock Units Options Exercise $0 -8,162 -100% $0.000000* 0 22 Feb 2023 Common Stock 8,162 $0.000000 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.