John M. Hofstetter - Jan 2, 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
Executive Vice President
Signature
/s/Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Jan 2, 2024
Transactions value $
-$93,830
Form type
4
Date filed
1/3/2024, 05:19 PM
Previous filing
Jun 14, 2023
Next filing
Feb 8, 2024

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 +1.45K +17.91% $0.00 9.51K Jan 2, 2024 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$93.8K -719 -7.56% $130.50 8.79K Jan 2, 2024 Direct
holding PLPC Common shares, $2 par value 1.11K Jan 2, 2024 by 401(k) plan
holding PLPC Common shares, $2 par value 532 Jan 2, 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 -1.45K -100% $0.00* 0 Jan 2, 2024 Common shares, $2 par value 1.45K $0.00 Direct F1, F2
holding PLPC Restricted stock units 1.91K Jan 2, 2024 Common shares, $2 par value 1.91K $0.00 Direct F3
holding PLPC Restricted stock units 1.46K Jan 2, 2024 Common shares, $2 par value 1.46K $0.00 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.