SEC Form 4 · accession 0001209191-17-005331

PLEXUS CORP · PLXS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Todd P. Kelsey

Officer — President & CEO

Period of report

Jan 20, 2017

Accepted (ET)

Jan 24, 2017 · 5:44 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
Common Stock, $.01 par value^F1	Jan 20, 2017	M	14,000	—	A	56,162	D
Common Stock, $.01 par value	Jan 20, 2017	F	4,930	$52.95	D	51,232	D
Common Stock, $.01 par value	Jan 23, 2017	M	4,000	$27.143	A	55,232	D
Common Stock, $.01 par value	Jan 23, 2017	M	2,000	$27.86	A	57,232	D
Common Stock, $.01 par value^F2	Jan 23, 2017	S	6,000	$53.3567	D	51,232	D
Common Stock, $.01 par value	Jan 24, 2017	M	5,500	$27.86	A	56,732	D
Common Stock, $.01 par value	Jan 24, 2017	M	100	$30.19	A	56,832	D
Common Stock, $.01 par value^F3	Jan 24, 2017	S	5,600	$53.6802	D	51,232	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1	—	Jan 20, 2017	M	14,000	D	—	—	Common Stock	14,000	0	D
Restricted Stock Units^F4	—	Jan 23, 2017	A	29,630	A	—	—	Common Stock	29,630	29,630	D
Performance Stock Units^F5	—	Jan 23, 2017	A	25,090	A	—	—	Common Stock	25,090	25,090	D
Options to Buy^F6	$27.143	Jan 23, 2017	M	4,000	D	—	Jan 24, 2021	Common Stock	4,000	0	D
Options to Buy^F6	$27.86	Jan 23, 2017	M	2,000	D	—	Jul 23, 2022	Common Stock	2,000	5,500	D
Options to Buy^F6	$27.86	Jan 24, 2017	M	5,500	D	—	Jul 23, 2022	Common Stock	5,500	0	D
Options to Buy^F6	$30.19	Jan 24, 2017	M	100	D	—	Jul 25, 2021	Common Stock	100	6,125	D

Explanation of responses

F1Each Restricted Stock Unit granted under the Plexus Corp. 2008 Long-Term Incentive Plan, which qualifies under Rule 16b-3, represented a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on January 20, 2017.
F2This transaction was executed in multiple trades at prices ranging from $53.25 to $53.48 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.
F3This transaction was executed in multiple trades at prices ranging from $53.49 to $54.19 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.
F4Each 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 23, 2020.
F5Each 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 the PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the Russell 3000 Index and on goals related to economic return during the three-year performance period. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported.
F6Options granted under the Plexus Corp. 2008 Long-Term Incentive Plan, or a predecessor plan, which qualifies under Rule 16b-3; now fully vested.