Timothy O'Shaughnessy - 03 Jan 2022 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
V.P. Human Resources
Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 18:46:55 UTC
Next filing
04 Feb 2022
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 +638 $0.000000 638 03 Jan 2022 Direct F1
holding PLPC Common shares, $2 par value 92 03 Jan 2022 by 401k 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 Options Exercise $0 -638 -100% $0.000000* 0 03 Jan 2022 Common Shares, $2 par value 638 $0.000000 Direct F2
holding PLPC Employee stock option (right to buy) 5,000 03 Jan 2022 Common Shares, $2 par value 5,000 $61.39 Direct
holding PLPC Employee stock option (right to buy) 0 03 Jan 2022 Common Shares, $2 par value 0 $42.98 Direct
holding PLPC Employee stock option (right to buy) 3,000 03 Jan 2022 Common Shares, $2 par value 3,000 $71.62 Direct
holding PLPC Restricted stock units 748 03 Jan 2022 Common Shares, $2 par value 748 $0.000000 Direct F3
holding PLPC Restricted stock units 1,108 03 Jan 2022 Common Shares, $2 par value 1,108 $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 convert into common stock on a one-for-one basis.
F2 On February 1, 2019, the reporting person was granted 638 service based restricted stock units, which vested in full on December 31, 2021 and were settled in common shares on January 3, 2022.
F3 Restricted stock units vest 3 years from the date of grant.