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PLEXUS CORP — Director's Dealing 2023
Nov 16, 2023
31191_dirs_2023-11-16_77e90629-90de-4bae-8fac-80b20774584c.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: 2023-11-14
Reporting Person: Kelsey Todd P. (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-14 | Common Stock, $.01 par value | S | 2000 | $105.0005 | Disposed | 105885 | Direct |
| 2023-11-15 | Common Stock, $.01 par value | S | 2000 | $107 | Disposed | 103885 | Direct |
| 2023-11-16 | Common Stock, $.01 par value | M | 24557 | — | Acquired | 128442 | Direct |
| 2023-11-16 | Common Stock, $.01 par value | F | 11542 | $106.03 | Disposed | 116900 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-16 | Performance Stock Units | $ | A | 8527 | Acquired | Common Stock, $.01 par value (8527) | Direct | |
| 2023-11-16 | Performance Stock Units | $ | M | 24557 | Disposed | Common Stock, $.01 par value (24557) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.01 par value | 10065 | 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: Shares were sold pursuant to a Rule 10b5-1 plan adopted on May 11, 2023.
F3: This transaction was executed in multiple trades at prices ranging from $105.00 to $105.01 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: Based on Company performance during the three-year performance period, 153.2% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2021 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 S&P 400 Index has yet to conclude. As previously disclosed, the reporting person had the opportunity to earn up to 200% of the targeted amount based on ER originally reported and has the opportunity to earn up to 150% of the targeted amount based on TSR originally reported.