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BENCHMARK ELECTRONICS INC Director's Dealing 2011

Mar 4, 2011

31997_dirs_2011-03-04_5757094e-045c-4d22-a2e3-db1b383adc9c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2011-03-02

Reporting Person: Adam Donald Francis (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-02 Common Stock A 15715 Acquired 32165 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-02 Stock Option (right to buy) $18.57 A 26572 Acquired 2021-03-02 Common Stock (26572) Direct
2011-03-02 Restricted Stock Units $0 A 15715 Acquired Common Stock (15715) Direct

Footnotes

F1: Grant of restricted shares vesting as to 3,929 shares on March 2 of 2012, 2013, 2014 and 3,928 on March 2, 2015.

F2: The options are exercisable as to (i)6,643 shares on March 02, 2012,(ii)6,643 shares on March 02, 2013, (iii) 6,643 shares on March 02, 2014, and (iv) the remaining 6,643 shares on March 02, 2015.

F3: This reflects the target number of performance based restricted stock units awarded. Actual awards may vary from as low as zero to as high as three times target numbers. As soon as reasonably practicable following the end of the Performance Period (beginning on January 1, 2011 and ending on December 31, 2014) and in no event later than March 15, 2015, the number of restricted stock units that will ultimately be earned will be determined and issued.