Todd P. Kelsey - Feb 13, 2024 Form 4 Insider Report for PLEXUS CORP (PLXS)

Signature
/s/ Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Stock symbol
PLXS
Transactions as of
Feb 13, 2024
Transactions value $
-$699,059
Form type
4
Date filed
2/15/2024, 05:09 PM
Previous filing
Feb 5, 2024
Next filing
Feb 27, 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 +15.9K +13.09% 138K Feb 13, 2024 Direct F2
transaction PLXS Common Stock, $.01 par value Tax liability -$699K -7.5K -5.44% $93.27 130K Feb 13, 2024 Direct
holding PLXS Common Stock, $.01 par value 10.1K Feb 13, 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 +2.18K +15.8% 15.9K Feb 13, 2024 Common Stock, $.01 par value 2.18K Direct F2
transaction PLXS Performance Stock Units Options Exercise -15.9K -100% 0 Feb 13, 2024 Common Stock, $.01 par value 15.9K 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, 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.