Angelo Michael Ninivaggi Jr - 14 Feb 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Signature
Angelo M. Ninivaggi, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
14 Feb 2023
Transactions value $
-$181,267
Form type
4
Filing time
16 Feb 2023, 15:03:43 UTC
Previous filing
31 Jan 2023
Next filing
17 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLXS Common Stock, $.01 par value Options Exercise +3.88K +11.06% 39K 14 Feb 2023 Direct F2
transaction PLXS Common Stock, $.01 par value Tax liability -$181K -1.83K -4.68% $99.27 37.2K 14 Feb 2023 Direct
holding PLXS Common Stock, $.01 par value 2.83K 14 Feb 2023 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 +1.59K +69.61% 3.88K 14 Feb 2023 Common Stock 1.59K Direct F2
transaction PLXS Performance Stock Units Options Exercise -3.88K -100% 0 14 Feb 2023 Common Stock 3.88K 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, 169.6% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2020 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.