Edgar Filing: FOATE DEAN A

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

FOATE DEAN A

2. Issuer Name and Ticker or Trading Symbol
PLEXUS CORP [PLXS]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President and CEO

(Last)

(First)

(Middle)

55 JEWELERS PARK DRIVE

3. Date of Earliest Transaction (Month/Day/Year)
01/25/2010

(Street)

NEENAH, WI 54956

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.01 par value	01/26/2010		M		12,500	A	$ 8.975	65,930	D
Common Stock, $.01 par value	01/26/2010		S		93	D	$ 35.26	65,837	D
Common Stock, $.01 par value	01/26/2010		S		12,407	D	$ 35.23	53,430	D
Common Stock, $.01 par value								2,000	I	Adult child's account ⁽¹⁾
Common Stock, $.01 par value								22,982	I	401(k) ⁽²⁾
Common Stock, $.01 par value								8,140	D ⁽³⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option to buy

$ 35.5469

⁽⁴⁾

04/24/2010

Common Stock

20,000

Option to buy

$ 23.55

⁽⁴⁾

04/06/2011

Common Stock

30,000

Option to buy

$ 25.285

⁽⁴⁾

04/22/2012

Common Stock

100,000

Option to buy

$ 8.975

01/26/2010

12,500

⁽⁴⁾

01/30/2013

Common Stock

12,500

$ 0

Option to buy

$ 14.015

⁽⁴⁾

08/14/2013

Common Stock

45,000

Option to buy

$ 15.825

⁽⁴⁾

04/28/2014

Common Stock

75,000

Option to buy

$ 12.94

⁽⁴⁾

05/18/2015

Common Stock

100,000

Option to buy

$ 42.515

⁽⁴⁾

05/17/2016

Common Stock

100,000

Option to buy

$ 21.41

⁽⁴⁾

05/17/2017

Common Stock

37,500

Option to buy

$ 23.83

⁽⁴⁾

08/01/2017

Common Stock

37,500

Option to buy

$ 30.54

⁽⁴⁾

11/05/2017

Common Stock

18,750

Option to buy

$ 22.17

01/28/2009⁽⁵⁾

01/28/2018

Common Stock

18,750

Option to buy

$ 24.21

04/28/2009⁽⁶⁾

04/28/2018

Common Stock

18,750

Option to buy

$ 29.71

07/29/2009⁽⁶⁾

07/29/2018

Common Stock

18,750

Option to buy

$ 18.085

10/31/2009⁽⁶⁾

10/31/2018

Common Stock

20,500

Option to buy

$ 14.625

02/02/2010⁽⁶⁾

02/02/2019

Common Stock

20,500

Option to buy

$ 20.953

05/04/2010⁽⁶⁾

05/04/2019

Common Stock

20,500

Option to buy

$ 25.751

08/03/2010⁽⁶⁾

08/03/2019

Common Stock

20,500

Option to buy

$ 25.335

11/02/2010⁽⁶⁾

11/02/2019

Common Stock

20,500

Option to buy

$ 33.999

01/25/2010

20,500

01/25/2011⁽⁶⁾

01/25/2020

Common Stock

20,500

⁽⁶⁾

20,500

Restricted Stock Units

⁽⁷⁾

Common Stock

21,375

Restricted Stock Units

⁽⁸⁾

Common Stock

20,398

Restricted Stock Units

⁽⁹⁾

01/25/2010

20,398

⁽⁹⁾

Common Stock

20,398

⁽⁹⁾

20,398

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
FOATE DEAN A 55 JEWELERS PARK DRIVE NEENAH, WI 54956	X		President and CEO

Signatures

Dean A. Foate, by Angelo M. Ninivaggi, Attorney-in-Fact		01/27/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Held in an account for Mr. Foate's adult child who resides in his household.
(2)	Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Savings Plan as of the last date of a statement from the Plan's trustee.
(3)	Shares of Plexus Corp. common stock held in the Plexus Corp. Employee Stock Savings Plan as of the last date of a statement from the Plan's Trustee.
(4)	Options granted under the Plexus Corp. 2005 Equity Incentive Plan, or a predecessor plan, which qualify under Rule 16b-3; now fully vested.
(5)	Options granted under the Plexus Corp. 2005 Equity Incentive Plan, which qualifies under Rule 16b-3; one half vests each year, commencing on the first anniversary of grant.
(6)	Options granted under the Plexus Corp. 2008 Long-Term Incentive Plan, which qualifies under Rule 16b-3; one half vests each year, commencing on the first anniversary of grant.
(7)	Each Restricted Stock Unit granted under the Plexus Corp. 2005 Equity 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 November 5, 2010.
(8)	Each 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 October 31, 2011.
(9)	Each 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, 2013.
Remarks: Options were exercised and the resulting shares were sold pursuant to a Rule 10b5-1 plan.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.