Jon Ryan Ruhlman - 03 Jan 2022 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
V.P.-Marketing & Bus. Develop., Director
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, 18:57:37 UTC
Next filing
15 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 +957 +14% $0.000000 7,746 03 Jan 2022 Direct F1, F2
transaction PLPC Common shares, $2 par value Award $0 +957 $0.000000 957 03 Jan 2022 by Rabbi Trust for Deferred Compensation Plan
holding PLPC Common shares, $2 par value 79 03 Jan 2022 by 401(k) plan
holding PLPC Common shares, $2 par value 650 03 Jan 2022 by Roth IRA

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 -957 -100% $0.000000* 0 03 Jan 2022 Common Shares, $2 par value 957 $0.000000 Direct F3
holding PLPC Employee stock option (right to buy) 1,250 03 Jan 2022 Common Shares, $2 par value 0 $42.98 Direct
holding PLPC Restricted stock units 1,069 03 Jan 2022 Common Shares, $2 par value 1,069 $0.000000 Direct F4
holding PLPC Restricted stock units 1,590 03 Jan 2022 Common Shares, $2 par value 1,590 $0.000000 Direct F4
* 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 Represents transfer of 957 shares to Rabbi Trust.
F3 Restricted stock units convert into common stock on a one-for-one basis. On February 1, 2019, the reporting person was granted 957 service based restricted stock units, which vested in full on December 31, 2021 and were settled in common shares on January 3, 2022. Restricted stock units vest 3 years from the date of grant.
F4 Restricted stock units vest 3 years from the date of grant.