Sec Form 4 Filing - DELLY GAYLA J @ BENCHMARK ELECTRONICS INC - 2014-11-21

Insider filing report for Changes in Beneficial Ownership
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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
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
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1. Name and Address of Reporting Person
DELLY GAYLA J
2. Issuer Name and Ticker or Trading Symbol
BENCHMARK ELECTRONICS INC [ BHE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
3000 TECHNOLOGY DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
11/21/2014
(Street)
ANGLETON, TX77515
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Common Stock 11/21/2014 M 15,484 A $ 23.3667 236,277 D
Common Stock 11/21/2014 S 15,484 D $ 24.211 220,793 D
Common Stock 11/24/2014 M 1,000 A $ 23.3667 221,793 D
Common Stock 11/24/2014 S 1,000 D $ 24.115 220,793 D
Common Stock 11/25/2014 M 8,586 A $ 23.3667 229,379 D
Common Stock 11/25/2014 S 8,586 D $ 24.136 220,793 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 23.3667 11/21/2014 M 15,484 ( 1 ) ( 2 ) 11/30/2014 Common Stock 15,484 $ 0 22,016 D
Stock Option (right to buy) $ 23.3667 11/24/2014 M 1,000 ( 1 ) ( 2 ) 11/30/2014 Common Stock 1,000 $ 0 21,016 D
Stock Option (right to buy) $ 23.3667 11/25/2014 M 8,586 ( 1 ) ( 2 ) 11/30/2014 Common Stock 8,586 $ 0 12,430 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DELLY GAYLA J
3000 TECHNOLOGY DRIVE
ANGLETON, TX77515
X President & CEO
Signatures
Gayla J. Delly 11/25/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option was set to expire on November 30, 2014.
( 2 )The option vested over a four-year period ending November 30, 2008.

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