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

Signature
/s/ Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Stock symbol
PLXS
Transactions as of
Nov 16, 2023
Transactions value $
-$316,075
Form type
4
Date filed
11/17/2023, 04:23 PM
Previous filing
Feb 16, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLXS Common Stock, $.01 par value Options Exercise +6.34K +12.81% 55.8K Nov 16, 2023 Direct F2
transaction PLXS Common Stock, $.01 par value Tax liability -$316K -2.98K -5.34% $106.03 52.9K Nov 16, 2023 Direct
holding PLXS Common Stock, $.01 par value 3.41K Nov 16, 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 +2.2K +28.63% 9.89K Nov 16, 2023 Common Stock, $.01 par value 2.2K Direct F2
transaction PLXS Performance Stock Units Options Exercise -6.34K -64.11% 3.55K Nov 16, 2023 Common Stock, $.01 par value 6.34K 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, 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.