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PLEXUS CORP — Director's Dealing 2025
Feb 5, 2025
31191_dirs_2025-02-05_462d80b4-562a-460a-9add-2b1140ab8031.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: 2025-02-03
Reporting Person: Kelsey Todd P. (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-03 | Common Stock, $.01 par value | S | 1500 | $136.96 | Disposed | 86932 | Direct |
| 2025-02-04 | Common Stock, $.01 par value | S | 2000 | $140 | Disposed | 84932 | Direct |
| 2025-02-05 | Common Stock, $.01 par value | S | 2000 | $141.50 | Disposed | 82932 | Direct |
| 2025-02-05 | Common Stock, $.01 par value | S | 2337 | $142.8603 | Disposed | 80595 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-03 | Restricted Stock Units | $ | A | 27990 | Acquired | Common Stock, $.01 par value (27990) | Direct | |
| 2025-02-03 | Performance Stock Units | $ | A | 28030 | Acquired | Common Stock, $.01 par value (28030) | Direct |
Footnotes
F1: Shares were sold pursuant to a Rule 10b5-1 plan adopted on August 16, 2024.
F2: This transaction was executed in multiple trades at prices ranging from $$142.60 to $$143.15 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. 2024 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 February 3, 2028.
F4: Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 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 14,030 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.