Form 4 for PLXS PLEXUS CORP
Accepted 2024-01-29 00:00:00 ET · period of report 2024-01-25 · accession 0001628280-24-002459 · 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 | Tan Victor (Pang Hau) | Regional Pres - APAC | M - OptEx | — | +2,760 | 13.2K | +26% | — |
| D | 2024-01-29 | 2024-01-25 | PLXS | Tan Victor (Pang Hau) | Regional Pres - APAC | M - OptEx | — | -2,760 | 0 | -100% | — |
| DM | 2024-01-29 | 2024-01-29 | PLXS | Tan Victor (Pang Hau) | Regional Pres - APAC | A - Grant | — | +7,320 | 3,770 | New | — |
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 | 2,760 | — | 13,239 | 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 | Derivative | Restricted Stock Units | 2024-01-25 | M | D | 2,760 | — | 0 | D | — · — to — | 2,760 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. |
| 3 | Derivative | Performance Stock Units | 2024-01-29 | A | A | 3,550 | — | 3,550 | D | — · — to — | 3,550 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 1,660 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 | 3,770 | — | 3,770 | D | — · — to — | 3,770 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. |