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PLEXUS CORP — Director's Dealing 2024
Jan 29, 2024
31191_dirs_2024-01-29_f6bde82d-361c-42b6-93e1-d76866f78414.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: 2024-01-25
Reporting Person: Mihm Oliver K. (Exec VP & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-25 | Common Stock, $.01 par value | M | 5170 | — | Acquired | 25798 | Direct |
| 2024-01-25 | Common Stock, $.01 par value | F | 1720 | $94.46 | Disposed | 24078 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-25 | Restricted Stock Units | $ | M | 5170 | Disposed | Common Stock, $.01 par value (5170) | Direct | |
| 2024-01-29 | Restricted Stock Units | $ | A | 7810 | Acquired | Common Stock, $.01 par value (7810) | Direct | |
| 2024-01-29 | Performance Stock Units | $ | A | 7330 | Acquired | Common Stock, $.01 par value (7330) | Direct |
Footnotes
F1: 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 vested and settled on January 25, 2024.
F2: 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 29, 2027.
F3: 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 3,430 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.