Oliver K. Mihm - Nov 13, 2024 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: Exec VP & COO
Signature: /s/ Oliver K. Mihm, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 13, 2024
Transactions value $: -$244,887
Form type: 4
Date filed: 11/15/2024, 04:55 PM
Previous filing: Nov 8, 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		+3.9K	+25.54%		19.2K	Nov 13, 2024	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$245K	-1.57K	-8.2%	$155.88	17.6K	Nov 13, 2024	Direct
holding	PLXS	Common Stock, $.01 par value						981	Nov 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		+608	+9.98%		6.7K	Nov 13, 2024	Common Stock, $.01 par value	608		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-3.9K	-58.2%		2.8K	Nov 13, 2024	Common Stock, $.01 par value	3.9K		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, 118.5% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2022 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

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.

Based on Company performance during the three-year performance period, 118.5% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2022 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.