William H. Haag III - 03 Feb 2022 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Signature
/s/ Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
03 Feb 2022
Net transactions value
-$148,999
Form type
4
Filing time
04 Feb 2022, 14:22:26 UTC
Previous filing
05 Jan 2022
Next filing
05 Jan 2023

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 +4,354 +44% $0.000000 14,210 02 Feb 2022 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $148,999 -2,441 -20% $61.04 9,856 02 Feb 2022 Direct
holding PLPC Common shares, $2 par value 24,587 03 Feb 2022 by rabbi trust for Deferred Compensation Plan
holding PLPC Common shares, $2 par value 1,832 03 Feb 2022 by 401(k) 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 +1,857 $0.000000 1,857 02 Feb 2022 Common Shares, $2 par value 0 $0.000000 Direct F2, F3
holding PLPC Restricted stock units 1,542 03 Feb 2022 Common Shares, $2 par value 1,542 $0.000000 Direct F3
holding PLPC Restricted stock units 1,140 03 Feb 2022 Common Shares, $2 par value 1,140 $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 Each restricted stock unit represents a contingent right to receive one Common Share.
F3 Restricted stock units vest 3 years from the date of grant.