Scott Theune - Nov 16, 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: Regional President - AMER
Signature: /s/ Scott Theune, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 16, 2023
Transactions value $: -$218,634
Form type: 4
Date filed: 11/17/2023, 04:23 PM
Previous filing: Aug 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+3.17K	+33.39%		12.7K	Nov 16, 2023	Direct	F1
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$219K	-2.06K	-16.28%	$106.03^*	10.6K	Nov 16, 2023	Direct

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		+1.1K	+28.6%		4.95K	Nov 16, 2023	Common Stock, $.01 par value	1.1K		Direct	F1
transaction	PLXS	Performance Stock Units	Options Exercise		-3.17K	-64.05%		1.78K	Nov 16, 2023	Common Stock, $.01 par value	3.17K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	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

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.