Andrew S. Klaus - Jan 2, 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
CFO
Signature
/s/Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Jan 2, 2024
Transactions value $
-$25,187
Form type
4
Date filed
1/3/2024, 05:38 PM
Previous filing
Aug 9, 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 +193 +1.33% $0.00 14.7K Jan 2, 2024 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$25.2K -193 -1.31% $130.50 14.5K Jan 2, 2024 Direct
transaction PLPC Common shares, $2 par value Options Exercise $0 +1.59K $0.00 1.59K Jan 2, 2024 by rabbi trust for Deferred Compensation Plan F1, F2

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 -1.78K -100% $0.00* 0 Jan 2, 2024 Common shares, $2 par value 1.78K $0.00 Direct F1, F3
holding PLPC Restricted stock units 2.18K Jan 2, 2024 Common shares, $2 par value 2.18K $0.00 Direct F4
holding PLPC Restricted stock units 1.54K Jan 2, 2024 Common shares, $2 par value 1.54K $0.00 Direct F4
* 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 1,590 common shares were deferred to a Rabbi Trust for the Company's Deferred Compensation Plan.
F3 On February 3, 2021, the reporting person was granted 1,783 service based restricted stock units, which vested in full on December 31, 2023, and were settled in common shares on January 2, 2024.
F4 Restricted stock units vest 3 years from the date of grant.