BENCHMARK ELECTRONICS INC — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2023-02-22

Reporting Person: Beaver Stephen J (SVP, General Counsel and CLO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	M	8932	$0.00	Acquired	54470	Direct
2023-02-22	Common Stock	M	9327	$0.00	Acquired	63797	Direct
2023-02-22	Common Stock	F	6456	$24.25	Disposed	57341	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	8932	Disposed		Common Stock (8932)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	D	2446	Disposed		Common Stock (2446)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	A	3732	Acquired		Common Stock (3732)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	9327	Disposed		Common Stock (9327)	Direct

Footnotes

F1: Based on the Company performance during the three-year performance period ending December 31, 2022, approximately 78.5% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).

F2: Based on the Company performance during the two-year performance period ending December 31, 2022, approximately 166.7% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).

F3: These shares are being withheld to cover taxes related to the vesting of restricted stock units.