BENCHMARK ELECTRONICS INC — Director's Dealing 2015

Feb 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2015-02-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-19	Common Stock	A	29008	—	Acquired	244612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-19	Stock Option (right to buy)	$23.14	A	55068	Acquired	2025-02-19	Common Stock (55068)	Direct
2015-02-19	Performance-based Restricted Stock Units	$0	A	29008	Acquired		Common Stock (29008)	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 four-year period from the grant date.

F2: The options are scheduled to vest in ratable annual installments over a four-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 2.5 times the target. As soon as reasonably practicable following the end of the Performance Period (beginning on January 1, 2015 and ending on December 31, 2017) and in no event later than March 15, 2018, the number of shares that will ultimately be earned will be determined and issued.