John M. Hofstetter - Feb 8, 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
Feb 8, 2023
Transactions value $
-$129,383
Form type
4
Date filed
2/10/2023, 07:09 PM
Previous filing
Jan 5, 2023
Next filing
Jun 14, 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 +3.85K +37.67% $0.00 14.1K Feb 8, 2023 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$129K -1.49K -10.62% $86.66 12.6K Feb 8, 2023 Direct
holding PLPC Common shares, $2 par value 1.11K Feb 8, 2023 by 401(k) plan
holding PLPC Common shares, $2 par value 532 Feb 8, 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 +1.46K $0.00 1.46K Feb 8, 2023 Common Shares, $2 par value 1.46K $0.00 Direct F2, F3
holding PLPC Restricted stock units 1.91K Feb 8, 2023 Common Shares, $2 par value 1.91K $0.00 Direct F3
holding PLPC Restricted stock units 1.45K Feb 8, 2023 Common Shares, $2 par value 1.45K $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 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.