Timothy O'Shaughnessy - 13 Sep 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
13 Sep 2022
Net transactions value
-$238,560
Form type
4
Filing time
15 Sep 2022, 14:27:12 UTC
Previous filing
04 Feb 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 $214,860 +3,000 +178% $71.62 4,689 13 Sep 2022 Direct
transaction PLPC Common shares, $2 par value Disposed to Issuer $238,560 -3,000 -64% $79.52 1,689 13 Sep 2022 Direct
holding PLPC Common shares, $2 par value 92 13 Sep 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 Employee stock option (right to buy) Options Exercise $214,860 -3,000 -100% $71.62 0 13 Sep 2022 Common Shares, $2 par value 3,000 $71.62 Direct F1
holding PLPC Employee stock option (right to buy) 5,000 13 Sep 2022 Common Shares, $2 par value 5,000 $61.39 Direct F2
holding PLPC Restricted stock units 638 13 Sep 2022 Common Shares, $2 par value 638 $0.000000 Direct F3
holding PLPC Restricted stock units 748 13 Sep 2022 Common Shares, $2 par value 748 $0.000000 Direct F3
holding PLPC Restricted stock units 1,108 13 Sep 2022 Common Shares, $2 par value 1,108 $0.000000 Direct F3
holding PLPC Restricted stock units 1,447 13 Sep 2022 Common Shares, $2 par value 0 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 16, 2015, the reporting person was granted 2,000 stock options, of which 1,000 vested on December 16, 2016, 500 vested on December 16, 2017, and the remaining 500 vested on December 16, 2018.
F2 On December 12, 2018, the reporting person was granted 5,000 stock options, of which 2,500 vested on December 12, 2019, 1,250 will vest on December 12, 2020, and the remaining 1,250 will vest on December 12, 2021.
F3 Restricted stock units vest 3 years from the date of grant.