Caroline Saylor Vaccariello - 07 Feb 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
07 Feb 2024
Net transactions value
-$157,992
Form type
4
Filing time
08 Feb 2024, 16:17:13 UTC
Previous filing
03 Jan 2024
Next filing
14 Mar 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 +2,794 +74% $0.000000 6,563 07 Feb 2024 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $157,992 -1,258 -19% $125.59 5,305 07 Feb 2024 Direct
holding PLPC Common shares, $2 par value 16,857 07 Feb 2024 by rabbi trust for deferred compensation plan
holding PLPC Common shares, $2 par value 479 07 Feb 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 Award $0 +995 $0.000000 995 07 Feb 2024 Common shares, $2 par value 995 $0.000000 Direct F2, F3
holding PLPC Restricted stock units 1,857 07 Feb 2024 Common shares, $2 par value 3,140 $0.000000 Direct F3
holding PLPC Restricted stock units 1,308 07 Feb 2024 Common shares, $2 par value 1,308 $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 converted into common stock on a one-for-one basis, based on the achievement of performance goals.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Restricted stock units vest 3 years from the date of grant.