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Kelsey Todd P.'s Form 4 filing

Plexus Corp (PLXS) · filed Nov 16, 2023

Accession no.
0001628280-23-039350
Filed
Nov 16, 2023
Trade date
Nov 14-16, 2023
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $424.0K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Kelsey Todd P.CIK 0001411282Director, Officer (CEO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 14, 2023Common Stock, $.01 par valueSSaleDisposed−2,000$105.00F3−$210,000105,885Direct
Nov 15, 2023Common Stock, $.01 par valueSSaleDisposed−2,000$107.00−$214,000103,885Direct
Nov 16, 2023Common Stock, $.01 par valueMOption exerciseAcquired+24,557–F4–128,442Direct
Nov 16, 2023Common Stock, $.01 par valueFTax withholdingDisposed−11,542$106.03−$1,223,798.26116,900Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 16, 2023Common Stock, $.01 par valueAGrant or awardAcquired+8,527–F4–38,327Direct
Nov 16, 2023Common Stock, $.01 par valueMOption exerciseDisposed−24,557–F4–13,770Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

This transaction was executed in multiple trades at prices ranging from $105.00 to $105.01 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.

Referenced by the price of 1 transaction in Table I.

F4

Based on Company performance during the three-year performance period, 153.2% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2021 related to economic return goals vested. The three-year performance period for the portion of the PSUs that vests based on the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the S&P 400 Index has yet to conclude. As previously disclosed, the reporting person had the opportunity to earn up to 200% of the targeted amount based on ER originally reported and has the opportunity to earn up to 150% of the targeted amount based on TSR originally reported.

Referenced by the price of 1 transaction in Table I and 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)