Timothy O'Shaughnessy - 06 Jun 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
Issuer symbol
PLPC
Transactions as of
06 Jun 2023
Net transactions value
-$377,200
Form type
4
Filing time
06 Jun 2023, 11:09:26 UTC
Previous filing
16 Mar 2023
Next filing
03 Jan 2024
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 $153,475 +2,500 +68% $61.39 6,153 06 Jun 2023 Direct F1
transaction PLPC Common shares, $2 par value Disposed to Issuer $377,200 -2,500 -41% $150.88 3,653 06 Jun 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 $153,475 -2,500 -100% $61.39 0 06 Jun 2023 Common Shares, $2 par value 5,000 $61.39 Direct F1
holding PLPC Restricted stock units 1,108 06 Jun 2023 Common Shares, $2 par value 1,108 $0.000000 Direct F2
holding PLPC Restricted stock units 1,447 06 Jun 2023 Common Shares, $2 par value 1,447 $0.000000 Direct F2
holding PLPC Restricted stock units 1,058 06 Jun 2023 Common Shares, $2 par value 1,058 $0.000000 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.