Michael J. Running - Nov 13, 2024 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: Regional President - AMER
Signature: /s/ Michael J. Running, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 13, 2024
Transactions value $: -$163,169
Form type: 4
Date filed: 11/15/2024, 04:55 PM
Previous filing: Feb 15, 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		+1.05K	+67.18%		2.62K	Nov 13, 2024	Direct	F1
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$74K	-475	-18.11%	$155.88	2.15K	Nov 13, 2024	Direct
transaction	PLXS	Common Stock, $.01 par value	Sale	-$89.1K	-579	-26.96%	$153.93	1.57K	Nov 14, 2024	Direct	F2

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		+164	+9.94%		1.81K	Nov 13, 2024	Common Stock, $.01 par value	164		Direct	F1
transaction	PLXS	Performance Stock Units	Options Exercise		-1.05K	-58.1%		760	Nov 13, 2024	Common Stock, $.01 par value	1.05K		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, 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.
F2	This transaction was executed in multiple trades at prices ranging from $153.78 to $153.95 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.

Content

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.

This transaction was executed in multiple trades at prices ranging from $153.78 to $153.95 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.