John M. Hofstetter - 07 Feb 2024 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
Executive Vice President
Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
07 Feb 2024
Net transactions value
-$163,518
Form type
4
Filing time
08 Feb 2024, 16:24:16 UTC
Previous filing
03 Jan 2024
Next filing
07 Feb 2025
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 +2,891 +33% $0.000000 11,684 07 Feb 2024 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $163,518 -1,302 -11% $125.59 10,382 07 Feb 2024 Direct
holding PLPC Common shares, $2 par value 1,110 07 Feb 2024 by 401(k) plan
holding PLPC Common shares, $2 par value 532 07 Feb 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 +1,088 $0.000000 1,088 07 Feb 2024 Common shares, $2 par value 1,088 $0.000000 Direct F2, F3
holding PLPC Restricted stock units 1,911 07 Feb 2024 Common Shares, $2 par value 1,911 $0.000000 Direct F3
holding PLPC Restricted stock units 1,462 07 Feb 2024 Common Shares, $2 par value 1,462 $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.