Home > Insider Trading > Filing (0001628280-24-002454)

Filing Details

Accession Number:: 0001628280-24-002454
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-01-29 16:40:50
Reporting Period:: 2024-01-25

Accepted Time:: 2024-01-29 16:40:50
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
785786	Plexus Corp	PLXS	Printed Circuit Boards (3672)	391344447

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1607273	John Patrick Jermain	One Plexus Way Neenah WI 54956	Exec. Vp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $.01 Par Value	Acquisiton	2024-01-25	8,280	$0.00	61,135	No	4	M	Direct
Common Stock, $.01 Par Value	Disposition	2024-01-25	3,952	$94.46	57,183	No	4	F	Direct
Common Stock, $.01 Par Value	Disposition	2024-01-29	2,532	$92.51	54,651	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $.01 Par Value	Restricted Stock Units	Disposition	2024-01-25	8,280	$0.00	8,280	$0.00
Common Stock, $.01 Par Value	Restricted Stock Units	Acquisiton	2024-01-29	9,630	$0.00	9,630	$0.00
Common Stock, $.01 Par Value	Performance Stock Units	Acquisiton	2024-01-29	9,050	$0.00	9,050	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	M	Direct
9,630	No	4	A	Direct
9,050	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $.01 Par Value	3,426	Indirect	401(k)

Footnotes

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.
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.
This transaction was executed in multiple trades at prices ranging from $92.10 to $92.935 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.
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.
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 4,230 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.