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: Darroch Ronnie (Exec VP & Reg Pres-EMEA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-23	Common Stock, $.01 par value	M	7880	—	Acquired	14338	Direct
2020-01-23	Common Stock, $.01 par value	F	2580	$80.49	Disposed	11758	Direct
2020-01-27	Common Stock, $.01 par value	S	3800	$76.4192	Disposed	7958	Direct
2020-01-27	Common Stock, $.01 par value	S	1200	$76.7929	Disposed	6758	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Restricted Stock Units	$	M	7880	Disposed		Common Stock (7880)	Direct
2020-01-27	Restricted Stock Units	$	A	5320	Acquired		Common Stock (5320)	Direct
2020-01-27	Performance Stock Units	$	A	4540	Acquired		Common Stock (4540)	Direct

Footnotes

F1: 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.

F2: This transaction was executed in multiple trades at prices ranging from $76.02 to $76.62 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.

F3: This transaction was executed in multiple trades at prices ranging from $76.645 to $77.05 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.

F4: 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.

F5: 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.