Patrick John Jermain - 12 Feb 2024 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role
Exec. VP & CFO
Signature
/s/ Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
12 Feb 2024
Net transactions value
-$619,572
Form type
4
Filing time
14 Feb 2024, 17:02:01 UTC
Previous filing
02 Feb 2024
Next filing
03 May 2024
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 Sale $439,281 -4,399 -8.8% $99.86 45,504 12 Feb 2024 Direct F2
transaction PLXS Common Stock, $.01 par value Options Exercise +4,111 +9% 49,615 13 Feb 2024 Direct F3
transaction PLXS Common Stock, $.01 par value Tax liability $180,291 -1,933 -3.9% $93.27 47,682 13 Feb 2024 Direct
holding PLXS Common Stock, $.01 par value 3,426 12 Feb 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 +561 +16% 4,111 13 Feb 2024 Common Stock, $.01 par value 561,561 Direct F3
transaction PLXS Performance Stock Units Options Exercise -4,111 -100% 0 13 Feb 2024 Common Stock, $.01 par value 4,111 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 This transaction was executed in multiple trades at prices ranging from $99.44 to $100.31 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.
F3 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.