John M. Hofstetter - Jan 3, 2023 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
Executive Vice President
Signature
/s/ Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Jan 3, 2023
Transactions value $
-$187,555
Form type
4
Date filed
1/6/2025, 03:21 PM
Previous filing
Sep 15, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLPC Common shares, $2 par value Tax liability -$66K -762 -7.46% $86.66 9.45K Jan 3, 2023 Direct F1
transaction PLPC Common shares, $2 par value Options Exercise $0 +1.91K +19.86% $0.00 11.5K Jan 2, 2025 Direct F2
transaction PLPC Common shares, $2 par value Tax liability -$122K -927 -8.04% $131.09 10.6K Jan 2, 2025 Direct
holding PLPC Common shares, $2 par value 1.11K Jan 3, 2023 by 401(k) plan
holding PLPC Common shares, $2 par value 532 Jan 3, 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 Options Exercise $0 +1.91K $0.00 0 Jan 2, 2025 Common shares, $2 par value 1.91K $0.00 Direct F3
holding PLPC Restricted stock units 1.46K Jan 3, 2023 Common shares, $2 par value 1.46K $0.00 Direct F4
holding PLPC Restricted stock units 1.09K Jan 3, 2023 Common shares, $2 par value 1.09K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's Forms 4 filed on and after January 5, 2023 inadvertently overreported the number of common shares directly owned by 762 shares because the reporting person's disposal of 762 common shares to the Company for tax obligations on January 3, 2023 was not previously reported.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 On February 3, 2022, the reporting person was granted 1,911 service based restricted stock units, which vested in full on December 31, 2024, and were settled in common shares on January 2, 2025.
F4 Restricted stock units vest 3 years from the date of grant.