Michael J. Running - 04 Dec 2023 Form 3 Insider Report for PLEXUS CORP (PLXS)

Role
Regional President - AMER
Signature
/s/ Michael J. Running, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
04 Dec 2023
Net transactions value
$0
Form type
3
Filing time
06 Dec 2023, 16:52:28 UTC
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
holding PLXS Common Stock, $.01 par value 908 04 Dec 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
holding PLXS Restricted Stock Units 04 Dec 2023 Common Stock, $.01 par value 2,240 Direct F1
holding PLXS Restricted Stock Units 04 Dec 2023 Common Stock, $.01 par value 1,780 Direct F1
holding PLXS Restricted Stock Units 04 Dec 2023 Common Stock, $.01 par value 1,820 Direct F1
holding PLXS Performance Stock Units 04 Dec 2023 Common Stock, $.01 par value 960 Direct F2
holding PLXS Performance Stock Units 04 Dec 2023 Common Stock, $.01 par value 1,650 Direct F3
holding PLXS Performance Stock Units 04 Dec 2023 Common Stock, $.01 par value 1,680 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest three years from the date listed above.
F2 Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount.
F3 Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 760 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.
F4 Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 770 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.