John M. Hofstetter - 08 Feb 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
Issuer symbol
PLPC
Transactions as of
08 Feb 2023
Net transactions value
-$129,383
Form type
4
Filing time
10 Feb 2023, 19:09:51 UTC
Previous filing
05 Jan 2023
Next filing
14 Jun 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 +3,847 +38% $0.000000 14,060 08 Feb 2023 Direct F1
transaction PLPC Common shares, $2 par value Tax liability $129,383 -1,493 -11% $86.66 12,567 08 Feb 2023 Direct
holding PLPC Common shares, $2 par value 1,110 08 Feb 2023 by 401(k) plan
holding PLPC Common shares, $2 par value 532 08 Feb 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 Award $0 +1,462 $0.000000 1,462 08 Feb 2023 Common Shares, $2 par value 1,462 $0.000000 Direct F2, F3
holding PLPC Restricted stock units 1,911 08 Feb 2023 Common Shares, $2 par value 1,911 $0.000000 Direct F3
holding PLPC Restricted stock units 1,445 08 Feb 2023 Common Shares, $2 par value 1,445 $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 converted into common stock on a one-for-one basis, based on the achievement of performance goals.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Restricted stock units vest 3 years from the date of grant.