Patrick John Jermain - 16 Nov 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Nov 2023, 16:23:44 UTC
Prior SEC filing
16 Feb 2023
Next SEC filing
29 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact

Key filing fact

Patrick John Jermain filed Form 4 for PLEXUS CORP (PLXS) on 17 Nov 2023.

Key facts

  • This page summarizes Patrick John Jermain's Form 4 filing for PLEXUS CORP (PLXS).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Nov 2023, 16:23.

Change

  • Previous filing in this sequence was filed on 16 Feb 2023.
  • Current net transaction value: -$316,075.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PLXS transaction

Common Stock, $.01 par value

Options Exercise

Transaction value
Shares
+6,342
Change %
+13%
Price
Shares after
55,836
Date
16 Nov 2023
Ownership
Direct
Footnotes
F2
PLXS transaction

Common Stock, $.01 par value

Tax liability

Transaction value
$316,075
Shares
-2,981
Change %
-5.3%
Price
$106.03
Shares after
52,855
Date
16 Nov 2023
Ownership
Direct
PLXS holding

Common Stock, $.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,409
Date
16 Nov 2023
Ownership
401(k)
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PLXS transaction Derivative

Performance Stock Units

Award

Transaction value
Shares
+2,202
Change %
+29%
Price
Shares after
9,892
Date
16 Nov 2023
Ownership
Direct
Underlying class
Common Stock, $.01 par value
Underlying amount
2,202
Exercise price
Footnotes
F2
PLXS transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-6,342
Change %
-64%
Price
Shares after
3,550
Date
16 Nov 2023
Ownership
Direct
Underlying class
Common Stock, $.01 par value
Underlying amount
6,342
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

Based on Company performance during the three-year performance period, 153.2% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2021 related to economic return goals vested. The three-year performance period for the portion of the PSUs that vests based on the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the S&P 400 Index has yet to conclude. As previously disclosed, the reporting person had the opportunity to earn up to 200% of the targeted amount based on ER originally reported and has the opportunity to earn up to 150% of the targeted amount based on TSR originally reported.

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