John M. Hofstetter - Jan 3, 2023 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
V.P. - Global Communications
Signature
/s/Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 12:57 PM
Previous filing
Sep 15, 2022
Next filing
Feb 10, 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 +962 +10.4% $0.00 10.2K Jan 3, 2023 Direct F1
holding PLPC Common shares, $2 par value 1.11K Jan 3, 2023 by 401(k) plan
holding PLPC Common shares, $2 par value 532 Jan 3, 2023 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 Options Exercise $0 -962 -50% $0.00 962 Jan 3, 2022 Common Shares, $2 par value 962 $0.00 Direct F1, F2
holding PLPC Restricted stock units 1.45K Jan 3, 2023 Common Shares, $2 par value 1.45K $0.00 Direct F3
holding PLPC Restricted stock units 1.91K Jan 3, 2023 Common Shares, $2 par value 0 $0.00 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 convert into common stock on a one-for-one basis.
F2 On February 5, 2020, the reporting person was granted 962 service based restricted stock units, which vested in full on December 31, 2022, and were settled in common shares on January 3, 2023.
F3 Restricted stock units vest 3 years from the date of grant.