Form 4 for PLXS PLEXUS CORP
Accepted 2024-01-29 00:00:00 ET · period of report 2024-01-25 · accession 0001628280-24-002458 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-29 | 2024-01-25 | PLXS | Running Michael J. | Regional Pres - AMER | M - OptEx | — | +2,240 | 3,148 | +247% | — |
| D | 2024-01-29 | 2024-01-25 | PLXS | Running Michael J. | Regional Pres - AMER | F - Tax | $94.46 | -1,037 | 2,111 | -33% | -$98.0K |
| DM | 2024-01-29 | 2024-01-29 | PLXS | Running Michael J. | Regional Pres - AMER | A - Grant | — | +4,290 | 2,210 | New | — |
| D | 2024-01-29 | 2024-01-25 | PLXS | Running Michael J. | Regional Pres - AMER | M - OptEx | — | -2,240 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.01 par value | 2024-01-25 | M | A | 2,240 | — | 3,148 | D | — | — | (F1) 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. |
| 2 | Common | Common Stock, $.01 par value | 2024-01-25 | F | D | 1,037 | $94.46 | 2,111 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2024-01-29 | A | A | 2,080 | — | 2,080 | D | — · — to — | 2,080 Common Stock, $.01 par value | (F3) 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 970 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. |
| 4 | Derivative | Restricted Stock Units | 2024-01-29 | A | A | 2,210 | — | 2,210 | D | — · — to — | 2,210 Common Stock, $.01 par value | (F2) 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. |
| 5 | Derivative | Restricted Stock Units | 2024-01-25 | M | D | 2,240 | — | 0 | D | — · — to — | 2,240 Common Stock, $.01 par value | (F1) 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. |