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: Benck Jeff (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	M	48941	$0.00	Acquired	306903	Direct
2023-02-22	Common Stock	M	51002	$0.00	Acquired	357905	Direct
2023-02-22	Common Stock	F	43326	$24.25	Disposed	314579	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	48941	Disposed		Common Stock (48941)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	D	13404	Disposed		Common Stock (13404)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	A	20407	Acquired		Common Stock (20407)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	51002	Disposed		Common Stock (51002)	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.