Timothy O'Shaughnessy - 02 Jan 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
V.P. Human Resources
Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
02 Jan 2024
Net transactions value
-$72,819
Form type
4
Filing time
03 Jan 2024, 17:24:54 UTC
Previous filing
06 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 +1,108 +30% $0.000000 4,761 02 Jan 2024 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $72,819 -558 -12% $130.50 4,203 02 Jan 2024 Direct
holding PLPC Common shares, $2 par value 92 02 Jan 2024 by 401(k) 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 -1,108 -100% $0.000000* 0 02 Jan 2024 Common shares, $2 par value 1,108 $0.000000 Direct F1, F2
holding PLPC Restricted stock units 1,447 02 Jan 2024 Common shares, $2 par value 1,447 $0.000000 Direct F3
holding PLPC Restricted stock units 1,058 02 Jan 2024 Common shares, $2 par value 1,058 $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 1,108 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.