Buseman Michael D. 4
4 · BENCHMARK ELECTRONICS INC · Filed Feb 24, 2023
Insider Transaction Report
Form 4
Buseman Michael D.
Executive Vice President
Transactions
- Exercise/Conversion
Performance-based Restricted Stock Units
2023-02-22−11,484→ 0 totalExercise: $0.00→ Common Stock (11,484 underlying) - Exercise/Conversion
Common Stock
2023-02-22+11,012→ 70,638 total - Exercise/Conversion
Common Stock
2023-02-22+11,484→ 82,122 total - Tax Payment
Common Stock
2023-02-22$24.25/sh−5,929$143,778→ 76,193 total - Exercise/Conversion
Performance-based Restricted Stock Units
2023-02-22−11,012→ 3,016 totalExercise: $0.00→ Common Stock (11,012 underlying) - Disposition to Issuer
Performance-based Restricted Stock Units
2023-02-22−3,016→ 0 totalExercise: $0.00→ Common Stock (3,016 underlying) - Award
Performance-based Restricted Stock Units
2023-02-22+4,595→ 11,484 totalExercise: $0.00→ Common Stock (4,595 underlying)
Footnotes (3)
- [F1]Based on the Company performance during the three-year performance period ending December 31, 2022, approximately 78.5% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).
- [F2]Based on the Company performance during the two-year performance period ending December 31, 2022, approximately 166.7% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).
- [F3]These shares are being withheld to cover taxes related to the vesting of restricted stock units.