PLEXUS CORP — Director's Dealing 2021

Jan 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLEXUS CORP (PLXS)
CIK: 0000785786
Period of Report: 2021-01-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-22	Common Stock, $.01 par value	M	6170	—	Acquired	13531	Direct
2021-01-22	Common Stock, $.01 par value	F	3009	$80.97	Disposed	10522	Direct
2021-01-25	Common Stock, $.01 par value	S	3637	$80.2319	Disposed	6885	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-22	Restricted Stock Units	$	M	6170	Disposed		Common Stock (6170)	Direct
2021-01-25	Restricted Stock Units	$	A	4970	Acquired		Common Stock (4970)	Direct
2021-01-25	Performance Stock Units	$	A	4610	Acquired		Common Stock (4610)	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 22, 2021.

F2: This transaction was executed in multiple trades at prices ranging from $80.00 to $80.765 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: 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 25, 2024.

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 2,130 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.