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

Signature
/s/ Oliver K. Mihm, by Kate A. Gitter, Attorney-in-Fact
Stock symbol
PLXS
Transactions as of
Nov 16, 2023
Transactions value $
-$197,746
Form type
4
Date filed
11/17/2023, 04:24 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 +3.97K +21.41% 22.5K Nov 16, 2023 Direct F1
transaction PLXS Common Stock, $.01 par value Tax liability -$198K -1.87K -8.29% $106.03 20.6K Nov 16, 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 +1.38K +28.63% 6.19K Nov 16, 2023 Common Stock, $.01 par value 1.38K Direct F1
transaction PLXS Performance Stock Units Options Exercise -3.97K -64.12% 2.22K Nov 16, 2023 Common Stock, $.01 par value 3.97K 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.