BENCHMARK ELECTRONICS INC — Director's Dealing 2014

May 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2014-05-07

Reporting Person: DELLY GAYLA J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-07	Common Stock	A	38669	—	Acquired	220793	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-07	Stock Option (right to buy)	$22.75	A	45430	Acquired	2024-05-07	Common Stock (45430)	Direct
2014-05-07	Restricted Stock Units	$0	A	25250	Acquired		Common Stock (25250)	Direct

Footnotes

F1: These shares are represented by a restricted stock unit award bearing the right to receive Common Shares and are scheduled to vest in ratable annual installments over a three-year period from the grant date.

F2: The options are scheduled to vest in ratable annual installments over a three-year period from the grant date.

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, 2012 and ending on December 31, 2015) and in no event later than March 15, 2016, the number of restricted stock units that will ultimately be earned will be determined and issued.