R. Steven Kestner - 03 Jan 2022 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
Director
Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
03 Jan 2022
Net transactions value
+$11,258
Form type
4
Filing time
05 Jan 2022, 15:26:43 UTC
Previous filing
24 Sep 2021
Next filing
26 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLPC Common shares, $2 par value Award $11,258 +174 $64.70 174 03 Jan 2022 by rabbi trust for Deferred Compensation Plan F1, F2
holding PLPC Common shares, $2 par value 7,638 03 Jan 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Company common shares held by a Rabbi Trust pursuant to the Reporting Person's election to defer 2021 directors' fees under the Company's Directors Deferred Compensation Plan (the "Plan"). Deferred amounts under the Plan shall be paid to the Reporting Person in a distribution of Company common shares.
F2 Represents a change in nature of ownership of 653 shares which were previously held in a Rabbi Trust pursuant to the Reporting Person's election to defer 2021 directors' fees under the Plan. On January 3, 2022, 653 common shares were transferred from the Rabbi Trust to the Reporting Person.