Oliver K. Mihm - 16 Nov 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: Exec VP & COO
Signature: /s/ Oliver K. Mihm, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol: PLXS
Transactions as of: 16 Nov 2023
Net transactions value: -$197,746
Form type: 4
Filing time: 17 Nov 2023, 16:24:56 UTC
Previous filing: 16 Feb 2023
Next filing: 29 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+3,967	+21%		22,493	16 Nov 2023	Direct	F1
transaction	PLXS	Common Stock, $.01 par value	Tax liability	$197,746	-1,865	-8.3%	$106.03	20,628	16 Nov 2023	Direct

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		+1,377	+29%		6,187	16 Nov 2023	Common Stock, $.01 par value	1,377		Direct	F1
transaction	PLXS	Performance Stock Units	Options Exercise		-3,967	-64%		2,220	16 Nov 2023	Common Stock, $.01 par value	3,967		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.

Content

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.