PLEXUS CORP — Director's Dealing 2024

Jan 29, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLEXUS CORP (PLXS)
CIK: 0000785786
Period of Report: 2024-01-25

Reporting Person: Kelsey Todd P. (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-25	Common Stock, $.01 par value	M	32070	—	Acquired	138970	Direct
2024-01-25	Common Stock, $.01 par value	F	15111	$94.46	Disposed	123859	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-25	Restricted Stock Units	$	M	32070	Disposed		Common Stock, $.01 par value (32070)	Direct
2024-01-29	Restricted Stock Units	$	A	33920	Acquired		Common Stock, $.01 par value (33920)	Direct
2024-01-29	Performance Stock Units	$	A	31860	Acquired		Common Stock, $.01 par value (31860)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value	10063	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, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on January 25, 2024.

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 29, 2027.

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 14,900 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.