Jermain Patrick John's Form 4 filing
Plexus Corp (PLXS) · filed Jan 29, 2024
- Accession no.
- 0001628280-24-002454
- Filed
- Jan 29, 2024
- Trade date
- Jan 25-29, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 3 derivative transactions. Open-market sales total $234.2K. It was filed 4 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.
| Owner | Relationship to the company |
|---|---|
| Jermain Patrick JohnCIK 0001607273 | Officer (Exec. VP & CFO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 25, 2024 | Common Stock, $.01 par value | MOption exerciseAcquired | +8,280 | –F2 | – | 61,135 | Direct | |
| Jan 25, 2024 | Common Stock, $.01 par value | FTax withholdingDisposed | −3,952 | $94.46 | −$373,305.92 | 57,183 | Direct | |
| Jan 29, 2024 | Common Stock, $.01 par value | SSaleDisposed | −2,532 | $92.51F3 | −$234,235.32 | 54,651 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 25, 2024 | Common Stock, $.01 par value | MOption exerciseDisposed | −8,280 | –F2 | – | 0 | Direct | |
| Jan 29, 2024 | Common Stock, $.01 par value | AGrant or awardAcquired | +9,630 | –F4 | – | 9,630 | Direct | |
| Jan 29, 2024 | Common Stock, $.01 par value | AGrant or awardAcquired | +9,050 | –F5 | – | 9,050 | Direct |
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.
- 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 vested and settled on January 25, 2024.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F3
This transaction was executed in multiple trades at prices ranging from $92.10 to $92.935 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
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.
Referenced by the price of 1 transaction in Table II.
- F5
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 4,230 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.
Referenced by the price of 1 transaction in Table II.