Patrick John Jermain - 16 Nov 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: Exec. VP & CFO
Signature: /s/ Patrick J. Jermain, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol: PLXS
Transactions as of: 16 Nov 2023
Net transactions value: -$316,075
Form type: 4
Filing time: 17 Nov 2023, 16:23:44 UTC
Previous filing: 16 Feb 2023
Next filing: 29 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+6,342	+13%		55,836	16 Nov 2023	Direct	F2
transaction	PLXS	Common Stock, $.01 par value	Tax liability	$316,075	-2,981	-5.3%	$106.03	52,855	16 Nov 2023	Direct
holding	PLXS	Common Stock, $.01 par value						3,409	16 Nov 2023	401(k)	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLXS	Performance Stock Units	Award		+2,202	+29%		9,892	16 Nov 2023	Common Stock, $.01 par value	2,202		Direct	F2
transaction	PLXS	Performance Stock Units	Options Exercise		-6,342	-64%		3,550	16 Nov 2023	Common Stock, $.01 par value	6,342		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	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.

Content

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.

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.