PLEXUS CORP — Director's Dealing 2020

Jan 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLEXUS CORP (PLXS)
CIK: 0000785786
Period of Report: 2020-01-23

Reporting Person: Kelsey Todd P. (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-23	Common Stock, $.01 par value	M	29630	—	Acquired	131083	Direct
2020-01-23	Common Stock, $.01 par value	F	12087	$80.49	Disposed	118996	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Restricted Stock Units	$	M	29630	Disposed		Common Stock (29630)	Direct
2020-01-27	Restricted Stock Units	$	A	32500	Acquired		Common Stock (32500)	Direct
2020-01-27	Performance Stock Units	$	A	27750	Acquired		Common Stock (27750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value	5486	Indirect

Footnotes

F1: Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee.

F2: Each Restricted Stock Unit granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represented a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on January 23, 2020.

F3: Each Restricted Stock Unit granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on January 27, 2023.

F4: Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of the PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the Russell 3000 Index and on goals related to economic return during the three-year performance period. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported.