Timothy O'Shaughnessy - Mar 15, 2023 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
V.P. Human Resources
Signature
/s/Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Mar 15, 2023
Transactions value $
-$256,550
Form type
4
Date filed
3/16/2023, 03:41 PM
Previous filing
Feb 10, 2023
Next filing
Jun 6, 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 $153K +2.5K +68.44% $61.39 6.15K Mar 15, 2023 Direct F1
transaction PLPC Common shares, $2 par value Disposed to Issuer -$257K -2.5K -40.63% $102.62 3.65K Mar 15, 2023 Direct

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 -$153K -2.5K -50% $61.39 2.5K Mar 15, 2023 Common Shares, $2 par value 5K $61.39 Direct F1
holding PLPC Restricted stock units 1.11K Mar 15, 2023 Common Shares, $2 par value 1.11K $0.00 Direct F2
holding PLPC Restricted stock units 1.45K Mar 15, 2023 Common Shares, $2 par value 0 $0.00 Direct F2
holding PLPC Restricted stock units 1.06K Mar 15, 2023 Common Shares, $2 par value 0 $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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