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PLEXUS CORP — Director's Dealing 2019
Nov 15, 2019
31191_dirs_2019-11-15_92b5c4a4-a619-4aac-98d7-79950ff81bee.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PLEXUS CORP (PLXS)
CIK: 0000785786
Period of Report: 2019-11-13
Reporting Person: Lim Yong Jin (Regional Pres - Plxs Asia Pac.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-13 | Common Stock, $.01 par value | M | 990 | $30.19 | Acquired | 60203 | Direct |
| 2019-11-13 | Common Stock, $.01 par value | M | 5000 | $25.92 | Acquired | 65203 | Direct |
| 2019-11-13 | Common Stock, $.01 par value | S | 5990 | $74.9364 | Disposed | 59213 | Direct |
| 2019-11-13 | Common Stock, $.01 par value | M | 7620 | — | Acquired | 66833 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-13 | Options to Buy | $30.19 | M | 990 | Disposed | 2021-07-25 | Common Stock (990) | Direct |
| 2019-11-13 | Options to Buy | $25.92 | M | 5000 | Disposed | 2021-10-31 | Common Stock (5000) | Direct |
| 2019-11-13 | Performance Stock Units | $ | A | 3810 | Acquired | Common Stock (3810) | Direct | |
| 2019-11-13 | Performance Stock Units | $ | M | 7620 | Disposed | Common Stock (7620) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $74.68 to $75.23 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2: Based on Company performance during the three-year performance period, 200% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2017 related to economic return goals vested. The three-year performance period for the portion of the PSUs that vests based on the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the Russell 3000 Index has yet to conclude. As previously disclosed, the reporting person has the opportunity to earn up to 200% of the number of PSUs originally reported.
F3: Options granted under the Plexus Corp. 2016 Omnibus Incentive Plan, or a predecessor plan, which qualifies under Rule 16b-3; now fully vested.