Patrick J. Jermain - Feb 12, 2024 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role
Exec. VP & CFO
Signature
/s/ Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Stock symbol
PLXS
Transactions as of
Feb 12, 2024
Transactions value $
-$619,572
Form type
4
Date filed
2/14/2024, 05:02 PM
Previous filing
Feb 2, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLXS Common Stock, $.01 par value Sale -$439K -4.4K -8.82% $99.86 45.5K Feb 12, 2024 Direct F2
transaction PLXS Common Stock, $.01 par value Options Exercise +4.11K +9.03% 49.6K Feb 13, 2024 Direct F3
transaction PLXS Common Stock, $.01 par value Tax liability -$180K -1.93K -3.9% $93.27 47.7K Feb 13, 2024 Direct
holding PLXS Common Stock, $.01 par value 3.43K Feb 12, 2024 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 +561 +15.8% 4.11K Feb 13, 2024 Common Stock, $.01 par value 562K Direct F3
transaction PLXS Performance Stock Units Options Exercise -4.11K -100% 0 Feb 13, 2024 Common Stock, $.01 par value 4.11K Direct F3
* 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 This transaction was executed in multiple trades at prices ranging from $99.44 to $100.31 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Based on Company performance during the three-year performance period, 115.8% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2021 related to the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the S&P 400 Index vested. As previously disclosed, the reporting person had the opportunity to earn up to 150% of the targeted amount of PSUs based on TSR originally reported.