SEC Form 4 · accession 0001209191-16-093805
PLEXUS CORP · PLXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J. Frisch
Officer — Exec VP & Chief Customer Off.
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000785786
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value | holding | — | — | — | 22,637 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to BuyF1 | $34.22 | Jan 25, 2016 | A | 4,750 | A | Jan 25, 2017 | Jan 25, 2026 | Common Stock | 4,750 | 4,750 | D |
| Restricted Stock UnitsF2 | — | Jan 25, 2016 | A | 9,500 | A | — | — | Common Stock | 9,500 | 9,500 | D |
| Performance Stock UnitsF3 | — | Jan 25, 2016 | A | 5,100 | A | — | — | Common Stock | 5,100 | 5,100 | D |
Explanation of responses
- F1Options granted under the Plexus Corp. 2008 Long-Term Incentive Plan, which qualifes under Rule 16b-3; one half vests each year, commencing on the first anniversary of grant.
- F2Each Restricted Stock Unit granted under the Plexus Corp. 2008 Long-Term 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 25, 2019.
- F3Each Performance Stock Unit granted under the Plexus Corp. 2008 Long-Term 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 the Performance Stock Units is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the Russell 3000 Index during the three-year performance period. The target number of Performance Stock Units that may be earned is reported above; the maximum amount is 200% of the number reported.