John M. Hofstetter - Feb 7, 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Signature
/s/Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Feb 7, 2024
Transactions value $
-$163,518
Form type
4
Date filed
2/8/2024, 04:24 PM
Previous filing
Jan 3, 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 +2.89K +32.88% $0.00 11.7K Feb 7, 2024 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$164K -1.3K -11.14% $125.59 10.4K Feb 7, 2024 Direct
holding PLPC Common shares, $2 par value 1.11K Feb 7, 2024 by 401(k) plan
holding PLPC Common shares, $2 par value 532 Feb 7, 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 Award $0 +1.09K $0.00 1.09K Feb 7, 2024 Common shares, $2 par value 1.09K $0.00 Direct F2, F3
holding PLPC Restricted stock units 1.91K Feb 7, 2024 Common Shares, $2 par value 1.91K $0.00 Direct F3
holding PLPC Restricted stock units 1.46K Feb 7, 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 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.