John M. Hofstetter - 02 Feb 2022 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
V.P. - Global Communications
Signature
/s/ Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
02 Feb 2022
Net transactions value
-$126,902
Form type
4
Filing time
04 Feb 2022, 14:23:40 UTC
Previous filing
05 Jan 2022
Next filing
15 Sep 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 +3,544 +34% $0.000000 13,830 02 Feb 2022 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $126,902 -2,079 -15% $61.04 11,751 02 Feb 2022 Direct
holding PLPC Common shares, $2 par value 1,110 02 Feb 2022 by 401(k) plan
holding PLPC Common shares, $2 par value 532 02 Feb 2022 by rabbi trust for Deferred Compensation 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 +1,911 $0.000000 1,911 02 Feb 2022 Common Shares, $2 par value 1,911 $0.000000 Direct F2, F3
holding PLPC Restricted stock units 962 02 Feb 2022 Common Shares, $2 par value 962 $0.000000 Direct F3
holding PLPC Restricted stock units 1,445 02 Feb 2022 Common Shares, $2 par value 1,445 $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.