Caroline S. Vaccariello - Feb 2, 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
Feb 2, 2022
Transactions value $
-$133,800
Form type
4
Date filed
2/4/2022, 02:30 PM
Previous filing
Jan 5, 2022
Next filing
Jan 5, 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 +3.69K +34.02% $0.00 14.5K Feb 2, 2022 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$134K -2.19K -15.1% $61.04 12.3K Feb 2, 2022 Direct
holding PLPC Common shares, $2 par value 16.9K Feb 2, 2022 by rabbi trust for Deferred Compensation Plan
holding PLPC Common shares, $2 par value 479 Feb 2, 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 Award $0 +1.86K $0.00 1.86K Feb 2, 2022 Common Shares, $2 par value 1.86K $0.00 Direct F2, F3
holding PLPC Restricted stock units 1.4K Feb 2, 2022 Common Shares, $2 par value 1.4K $0.00 Direct F2
holding PLPC Restricted stock units 1.03K Feb 2, 2022 Common Shares, $2 par value 1.03K $0.00 Direct F2
* 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 Restricted stock units vest 3 years from the date of grant.
F3 Each restricted stock unit represents a contingent right to receive one Common Share.