John M. Hofstetter - 02 Jan 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role: Executive Vice President
Signature: /s/Caroline S. Vaccariello, by power of attorney
Issuer symbol: PLPC
Transactions as of: 02 Jan 2024
Net transactions value: -$93,830
Form type: 4
Filing time: 03 Jan 2024, 17:19:33 UTC
Previous filing: 14 Jun 2023
Next filing: 08 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLPC	Common shares, $2 par value	Options Exercise	$0	+1,445	+18%	$0.000000	9,512	02 Jan 2024	Direct	F1
transaction	PLPC	Common shares, $2 par value	Tax liability	$93,830	-719	-7.6%	$130.50	8,793	02 Jan 2024	Direct
holding	PLPC	Common shares, $2 par value						1,110	02 Jan 2024	by 401(k) plan
holding	PLPC	Common shares, $2 par value						532	02 Jan 2024	by rabbi trust for Deferred Compensation Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLPC	Restricted stock units	Options Exercise	$0	-1,445	-100%	$0.000000^*	0	02 Jan 2024	Common shares, $2 par value	1,445	$0.000000	Direct	F1, F2
holding	PLPC	Restricted stock units						1,911	02 Jan 2024	Common shares, $2 par value	1,911	$0.000000	Direct	F3
holding	PLPC	Restricted stock units						1,462	02 Jan 2024	Common shares, $2 par value	1,462	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On February 3, 2021, the reporting person was granted 1,445 service based restricted stock units, which vested in full on December 31, 2023, and were settled in common shares on January 2, 2024.
F3	Restricted stock units vest 3 years from the date of grant.