Dennis F. McKenna - Jan 3, 2022 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
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 06:58 PM
Next filing
Feb 4, 2022

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 +1.52K $0.00 1.52K Jan 3, 2022 Direct F1
holding PLPC Common shares, $2 par value 24.5K Jan 3, 2022 by rabbi trust for Deferred Compensation Plan
holding PLPC Common shares, $2 par value 1.99K Jan 3, 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 -1.52K -100% $0.00* 0 Jan 3, 2022 Common Shares, $2 par value 1.52K $0.00 Direct F1, F2
holding PLPC Restricted stock units 1.67K Jan 3, 2022 Common Shares, $2 par value 1.67K $0.00 Direct F3
holding PLPC Restricted stock units 2.41K Jan 3, 2022 Common Shares, $2 par value 2.41K $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 convert into common stock on a one-for-one basis.
F2 On February 1, 2019, the reporting person was granted 1,524 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.
F3 Restricted stock units vest 3 years from the date of grant.