John J. Olenik - 03 Jan 2023 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
VP-Research & Engineering
Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 13:12:30 UTC
Previous filing
04 Feb 2022
Next filing
10 Feb 2023
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 +677 +135% $0.000000 1,177 03 Jan 2023 Direct F1
holding PLPC Common shares, $2 par value 752 03 Jan 2023 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 Options Exercise $0 -677 -50% $0.000000 677 03 Jan 2023 Common Shares, $2 par value 677 $0.000000 Direct F2
holding PLPC Restricted stock units 1,012 03 Jan 2023 Common Shares, $2 par value 1,012 $0.000000 Direct F3
holding PLPC Restricted stock units 1,338 03 Jan 2023 Common Shares, $2 par value 1,338 $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 convert into common stock on a one-for-one basis.
F2 On February 5, 2020, the reporting person was granted 677 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.