Steven J. Frisch - Nov 16, 2023 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role: President & Chief Strategy Off
Signature: /s/ Steven J. Frisch, by Kate A. Gitter, Attorney-in-Fact
Stock symbol: PLXS
Transactions as of: Nov 16, 2023
Transactions value $: -$447,447
Form type: 4
Date filed: 11/17/2023, 04:24 PM
Previous filing: Feb 16, 2023
Next filing: Jan 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLXS	Common Stock, $.01 par value	Options Exercise		+8.98K	+15.51%		66.8K	Nov 16, 2023	Direct	F1
transaction	PLXS	Common Stock, $.01 par value	Tax liability	-$447K	-4.22K	-6.31%	$106.03	62.6K	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		+3.12K	+28.6%		14K	Nov 16, 2023	Common Stock, $.01 par value	3.12K		Direct	F1
transaction	PLXS	Performance Stock Units	Options Exercise		-8.98K	-64.04%		5.04K	Nov 16, 2023	Common Stock, $.01 par value	8.98K		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.