Todd P. Kelsey - 16 Feb 2022 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: CEO, Director
Signature: Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol: PLXS
Transactions as of: 16 Feb 2022
Transactions value $: -$653,362
Form type: 4
Filing time: 18 Feb 2022, 15:57:55 UTC
Previous filing: 02 Feb 2022
Next filing: 14 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+16.8K	+13.78%		139K	16 Feb 2022	Direct	F3
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$653K	-7.91K	-5.69%	$82.61	131K	16 Feb 2022	Direct
holding	PLXS	Common Stock, $.01 par value						10.1K	16 Feb 2022	401(k)	F1
holding	PLXS	Common Stock, $.01 par value						31.5K	16 Feb 2022	By Family LLC	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		+5.21K	+44.8%		16.8K	16 Feb 2022	Common Stock	5.21K		Direct	F3
transaction	PLXS	Performance Stock Units	Options Exercise		-16.8K	-100%		0	16 Feb 2022	Common Stock	16.8K		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	Shares of Plexus Corp. common stock held in a family-owned entity controlled by the reporting person.
F3	Based on Company performance during the three-year performance period, 144.8% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2019 related to the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the Russell 3000 Index vested. As previously disclosed, the reporting person had the opportunity to earn up to 200% of the number of PSUs originally reported.