Caroline Saylor Vaccariello - 02 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
02 Feb 2022
Net transactions value
-$133,800
Form type
4
Filing time
04 Feb 2022, 14:30:15 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 +3,685 +34% $0.000000 14,516 02 Feb 2022 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $133,800 -2,192 -15% $61.04 12,324 02 Feb 2022 Direct
holding PLPC Common shares, $2 par value 16,857 02 Feb 2022 by rabbi trust for Deferred Compensation Plan
holding PLPC Common shares, $2 par value 479 02 Feb 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 +1,857 $0.000000 1,857 02 Feb 2022 Common Shares, $2 par value 1,857 $0.000000 Direct F2, F3
holding PLPC Restricted stock units 1,397 02 Feb 2022 Common Shares, $2 par value 1,397 $0.000000 Direct F2
holding PLPC Restricted stock units 1,033 02 Feb 2022 Common Shares, $2 par value 1,033 $0.000000 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.