Timothy O'Shaughnessy - Jun 6, 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
Jun 6, 2023
Transactions value $
-$377,200
Form type
4
Date filed
6/6/2023, 11:09 AM
Previous filing
Mar 16, 2023
Next filing
Jan 3, 2024

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 Jun 6, 2023 Direct F1
transaction PLPC Common shares, $2 par value Disposed to Issuer -$377K -2.5K -40.63% $150.88 3.65K Jun 6, 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 -100% $61.39 0 Jun 6, 2023 Common Shares, $2 par value 5K $61.39 Direct F1
holding PLPC Restricted stock units 1.11K Jun 6, 2023 Common Shares, $2 par value 1.11K $0.00 Direct F2
holding PLPC Restricted stock units 1.45K Jun 6, 2023 Common Shares, $2 par value 1.45K $0.00 Direct F2
holding PLPC Restricted stock units 1.06K Jun 6, 2023 Common Shares, $2 par value 1.06K $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. This transaction refers to the exercise of the vested 2,500 shares at the option strike price.
F2 Restricted stock units vest 3 years from the date of grant.