BENCHMARK ELECTRONICS INC — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2020-02-20

Reporting Person: Beaver Stephen J (VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	F	797	$28.07	Disposed	19419	Direct
2020-02-20	Common Stock	A	11378	—	Acquired	30797	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-20	Performance-based Restricted Stock Units	$0	A	11378	Acquired		Common Stock (11378)	Direct

Footnotes

F1: These shares are being withheld to cover taxes related to the vesting of restricted stock units.

F2: 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.

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, 2020 and ending on December 31, 2022) and in no event later than March 15, 2023, the number of shares that may ultimately be earned will be determined and issued.